I also was wondering about this clotski. The media reports...

I also was wondering about this clotski.
The media reports suggest TFC are looking to raise $65M of which $52.7 will be used to increase direct ownership of plantations. But as you say 68.7M shares at 1.55 is over $100M.
So really the most alarming fact is they are seeking a further $50M for working cap just to stay afloat? It's like the reversing beep on my truck, it warns people when I am backing up so they don't get squashed.