RE: Proactive - JMW - All cashed up24 May 2022 15:13
Around 5mins in he says updated reserve report will be issued shortly, I wonder how long is shortly as well as the lead contractor will be announced shortly. Does not make sense with the raise now, compared to after the reserve report is issued. Shortly to my mind is the next few weeks, rather than next few months.
Hopefully it becomes clearer why they chose to raise now as opposed to after the reserves report