RE: Total value destruction1 May 2024 19:00
The capital markets are dire and companies are having to raise at ridiculously discounted levels leaving shareholders massively diluted. Is it any wonder that many cos are delisting as being a listed entity is primarily to be able to raise capital more efficiently and cheaply. Any company with a whiff of capital constraints should be avoided like the plague although, as they say, hindsight is a wonderful thing!!