"We are still cautious on the potential future dilution from further prospective capital raises for the group as well as continued higher losses related to credit and asset deflation, " he added.
To avoid such an outcome, he would be well advised at this juncture to reject any further dilution of the terms of the draft Security Council resolution.
Silver Lake Waterman will focus on the primary debt market, lending to well-established pre-IPO companies that want to raise additional capital without the dilution from additional equity rounds.