Ceos of great corporations will wax and wane on it, but investors need to ponder it.
Yes, in appropriate circumstances, it can make sense, but inappropriate ones, it sucks.
It is a capital transition, nothing more, nothing less, the question is which side you are on.
Few dilutions end up actually accretive, the ones that do are often early stage companies that end up managing the capital well, or well managed companies of stature, that have a long history of it making it through tough times.
Many, like this one appears to be, are simply capital moves that current management happens to think will work.
Their last report was not good, IMHO, kinda sucked actually.
Maybe next Q huh?
If the current dilution does not hit earnings, do you think the hit or nonhit is sustainable? Or, do you think, whatever?