I keep hoping this was a ransom payment and nothing more. If this ends up unlocking our fair value, then so be it. Unfortunately, we don't know the outcome yet and this could just be another head fake.
In contrast, if this was mostly for cash due to "going concern" issues and management failed to properly predict it, then I'll admit I'm worried for LTS going forward. I wonder if they're literally as perplexed as we are here and just praying the issuance does as you say. While I don't think they're as incompetent as some people may think, they certainly haven't shown any reasons to trust them either.