RE:RE:RE:QTRH must sell WILAN subsidiary to create shareholder valueYou're right Joey. Wilan doesn't NEED to be sold. However, it may be preferable to sell if it can finance the right ITS opportunity at the right time. That's the debate Astutein and I have been having.
You are also correct that if the debenture funds are simply used to build up the bank account (like the 2011 $75M bought deal), the dilution result is very unwanted. I'd wait a bit before drawing the conclusion you have tho.