Big dilution coming?Vena has entered into engagement letters with M Partners Inc. and Celfin Capital S.A. SAB (collectively, the "Agents") to act as agents for the Offering, which will be conducted on a "best efforts" basis. The maximum number of Units that will be sold pursuant to the Offering will be determined in the context of the market by the Company and the Agents.
Closing of the Offering is subject to final determination of the maximum number of Units that will be sold pursuant to the Offering, the satisfaction of customary closing conditions and approval of the Toronto Stock Exchange
So what does it mean? How big is this gonna be? 10M, 20M, ....50M? The sky is the limit with this kind of wording...and this can be open for weeks until the reach their number...wait...there is no number....
We are here long haul but I don't understand why you think unclear pp is good for us..........no need to be greedy on the backs of loyal shareholders.