New Agreement6 Jun 2020 15:17
As far as I'm concerned, the new shares issued cancel out part of a large short which was keeping the shares down, therefore any dillutive effect is cancelled out by the positive effect of ending part of the short.
Therefore this, and the rest of the agreement, not to mention getting some excellent new assets at a re-negotiated bargain price, has a big net positive affect on the outlook for the company going forward, as well as the big positive of reducing uncertainty significantly.
All imho.