Hindsight

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Buzzy

Rank: Mail Room [?]

Points: 32 [?]

Votes: 28 Score: 2.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Hindsight

posted on Nov 22, 2023 10:58AM

Hindsight is a wonderful place to live. Sadly,We all live elsewhere.

Thinking about it why didn't they go for an underwritten rights issue with warrants attached. I'm sure many existing shareholders would have taken up at least some of their entitlement, to protect their investment, acquire stock at a discount and have the benefit of the warrants. Might not have raised the full amount but could have made a dent in the target.