Spectrum Pharmaceutecals Inc (SPPI)

[stugwins]

Here's a question that I can't answer and would love to hear insights on:

When you consider the 2 latest moves (ATM cash raise and convertible debt) that occurred after the positive PR, but before the World Lung, why??? I can't make sense of it? Dilute the share price because you know it's going to skyrocket after the 18th OR is Raj tapping his investor piggybank one last time knowing if the 18th goes bad his only hope is to have enough cash on hand to get Rolontis to market?

Everyone here seems way smarter than me...what's some takeaways?

Thanks in advance for your insights and allowing me to be a part of this board!

Message #1832 has the answers you seek....

Dilute now while knowing the price will be higher down the road makes no sense (unless you are a charity wanting to donate shares, which Raj is NOT).

One possible argument could have been that the timing of the dilution was pre-determined but they could have easily canceled them stating "unfavorable market conditions"..