That lack of cash has meant a restriction to growth. So they get best of both worlds in a sense. 700 mil to fund growth that only becomes dilutive when it's issued and likely comes with an announcement of strategic expansion. And if you think your shares will be worth more in the months ahead it lets a company get a "best price" when they do issue shares.
Would seem pointless to do it purely as a visual so I'm looking for an announcement sometime in the near future. Given that perspective thought 8.63 was a good buying opportunity so added shares but could be way wrong.
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