RE:RE:DIVthanks for clarifying. a more typical approach is to not pull the trigger on the new capital raise until the new deal is totalling binding. this is a ton of cash drag on earnings for a smallish issuer sold principally off of div yield with modest growth upside. to your point that the cash was for a deal, getting the cash out at 8% or more asap will get the payout ratio in line. will watch for that.