"Then, why have they signaled doing an RS if needed again, if the next offering is assumed to be positive and above SP? "
Maybe the board hasn't signed a deal because they wanted to get to August and the annual shareholders meeting to put this share increase and R/S deal out there as a feeler. As the votes pour in, especially from the institutional investors, I believe that will be the influence of their overall decision on whether to partner up or not.
I sure would love to know where we stand in the vote count at this time. I believe that's the biggest factor here now.
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