Quote unquote.... Cbai/Red oak/other is looking into a "rights issue which can offer a quick fix for a troubled balance sheet, but that doesn't necessarily mean management will address the underlying issues that weakened the balance sheet in the first place (maybe/maybe not)." In addition to this...Shouldn't we also (quote unquote)"Be sure to look for a compelling clarification of why the rights issue and share dilution ( IMHO ) are needed as part of the recovery plan" ( if this is implemented ) This is IMHO only. Read disclaimer below.
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