First: I voted against the RS and also the board of directors and the stock option plan.
>>> If you all remember, after the equity offering was announced but before the shares were issued DHT stock rose to $1.40. It then dropped to $0.90 once the new shares were issued.<<<<
The stock rose for a month BEFORE the announcement and then dropped like a rock.
March 19 it rose to $1.53 and the next day it was $1.00 after the announcement. It then just proceeded to drop more after than.