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This company has shown itself to be incapable of actually making money or creating any sort of wealth for its shareholders, why should any of us believe that this is all going to change any time soon just because the management have organised a fundraiser. This new money will keep the lights on and the high wages paid a bit longer, and thats whats really important to our board, why should they care about the share price when they haven't bought any themselves in ages, participating in this share offer is throwing good money after bad imo.
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