I too believe that FNC is in a great location with wonderfull targets...

That being said it is imperative that managment think clearly when the oportunity is at hand to reduce risk to the shareholders, and finance the company with minimal dilution.

The decission to avoid puting on their body armour 6 months ago via raising funds at multiples of todays price was a major blunder in my book.... especially when I spoke to them about doing a financing on several occasions.... This was in my opinion the equivilant of going into battle without body armour.

Monty python comes to mind...." Tis but a scratch" as the arms are cut off the dark Knight!