While I don’t believe a CR is actually needed (just look at RFG’s fundamentals) I will throw in my 2 cents worth. There are many ways to raise money. An underwritten share issue is just one, and even that one has so many options it’d be tiresome to list them.
You don’t need an underwriter, though that helps. You don’t need to overly dilute, though that’s a typical outcome. You don’t need a high expected SP, though that makes it attractive. What you do need is a plan, that’s what makes it believable!
Add to My Watchlist
What is My Watchlist?
