Nope it's not good news.... Issue additional shares to fund debt issue.
Could pull down the stock further below....
Unless covid OK... They can bck to norm... Now due to cash issue... They hv to issue shares.. Etc.... Revenue not much

its good news la bro why bad. if not issue extra share how the company will keep afloat? the company got tremendous impact due to pandemic, nt bcoz of bad business model. lets imagine this extra share enable the company to sustain until pandemic end. how will be the share price if market recover? buy when market is pessimistic, sell when euphoria.