bought dealso between the bought deal (27M) and managment (5.2M) they are raising 32M , and the RMS aquisition (stock worth 2M) adds dilution
The RMS deal should have been doable with cash but it is pretty obvious that the company has been paying dividends at the expense of balance sheet.
With q3 closing it is fair to say they must be expecting fairly soft financials and need to raise to keep debt levels at an acceptable level to banks.
I guess it all works for shaqreholders as it seems to be trading on yield but we should all realize when a company pays dividends but raises cash something in the model is not sustainable