RE:Financing at $5.75 Seems like a pretty good idea to me. could always be higher price for financing, could have always bought more cheaper, could have always sold the top, could have .... fill in the blank.
Shores up balance sheet, creates a floor and gives company options. Only downside is Canadian bankers, USA wouldbe better, but not sure usa can do bougut deal. But if someone said Friday close a bought deal at 5.75. Would be good news. Trust the company executing on their plan. So far they have been doing it.
Financing with a purpose and small dilution always good for growth company....
I know not same thing, though kind of is.....but it didn't work out too bad for Elon musk. Tesla added 200bb in market cap from their financing in dec.