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its good. to help provide extra financial support for special purpose. Do you think someone will want to put millions if it doesnt bring profit to them?
PP will diluted the shares values you're holding.
PP is another indication of poor management (cash flow is lousy) if they're making profit every year. Anyway JAG is a public ownership counter (45% of the total shares hold by public)
Company with plans moving forward deserve to raise fund for business expansion. Most people just didn’t know what is the purpose of private placement then throw throw theow
