RE: Question has to be6 Aug 2018 13:01
I'm in the same mindset. If an indie report can prove short-term profitability, we may be able to get some bridge financing rather than having to resort to a discounted placing. And, to me, raising the cap will make it significantly more likely that a lender would do this, for obvious reasons.
Everyone's assuming that we're going to immediately issue shares because we're raising the cap. I don't think this is necessarily true. After all, how many companies are there that don't have the ability to issue ANY shares? Very very very few.