I have heard of these grouses too many times, and is guilty of some of these. But are these really the issue, are there ways to look beyond these? 1) Fund raising It diluted the shareholders' interest. Me: How else would you like to do it, there is 35-60% limit and soon to be universal 45% Loan limit. 2) Shares placement Damn, why don't they do a rights exercise instead? Me: Placement exercise is faster, and does not required the big owner to cough out cash. I used to prefer rights, now, if the fund raising exercise is less than 10% dilutive and is used in yield accretive exercises, I prefer placements. 3) DIscount in rights or shares placement. WT... Why is the discount so excessive? Me: if there is no discount, it is difficult to get big players. Usually, if the discount is 1-3% plus the dilution effect, ......