RE:Sell fastthe shares issued was a backup plan for the shareholders.
30 million in cash can always be used for the KIA trust agreement at 1.65.
it shows the management has a lot at stake as they have free shares.
without that backup plan sbb would have been in a very tough position to agree to the 20million in shares as the shares dropped 30%.
to blow 50million on another study is not in KIA interest as they would rather just have the 50 million over 10 years.