Stolpen, the purpose of guidance and subsequent reporting is to evaluate performance over a given period.
Focusing solely on equity issuance without knowing the impact to operations in terms of increased assets and earnings does not paint a complete picture.
Or is an extra 16m shares a non event in your opinion not worthy of a lousy capex update?
Historically, management has proven to increase both assets and earnings in relation to stockholders equity.
I encourage individuals to hold judgment until the full results of operations have been announced.
This chart provided by a shareholder and available in the Ibox above I believe provides an excellent historical view.
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