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Tuesday, 08/10/2021 7:49:07 AM

Tuesday, August 10, 2021 7:49:07 AM

Post# of 54444
Ascent Solar Technologies Could Be On Its Last Leg
Jun. 15, 2021 7:45 AM ETAscent Solar Technologies, Inc. (ASTI)20 Comments1 Like
Summary
ASTI and its solar panel business have been struggling for years. In Q1, the company suffered another EBITDA loss.
Cash burn was $2 million. A capital raise helped increase cash to nearly $4 million.
At its current cash burn rate, ASTI could run out of liquidity by year end. Sans more capital, ASTI may not survive.
ASTI could be on its last leg. Sell the stock.
This idea was discussed in more depth with members of my private investing community, Shocking The Street. Learn More »

Learn More »

https://seekingalpha.com/article/4434867-ascent-solar-technologies-could-be-on-its-last-leg
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Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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