There's a middle ground, imo.
Solomon backs off issuance now through the listing and Q1 results in May; reports $.70 profits in 2012 and whole bunch of news; guides for 2013: $300M Rev, $1.10 earnings and $350M NTA; reports $50M rev and $.20 eps Q1, 2013; then if no bond deal can be put together, issues $25M worth of shares, no more than 20M with an absolute promise that that is that.