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Re: uksausage post# 4930

Tuesday, 08/30/2022 2:08:04 PM

Tuesday, August 30, 2022 2:08:04 PM

Post# of 5680
Yeah the $8B in potential dilution was very unexpected, at least it was for me. I expected some, they actually stated they would be raising "some" cash - but I didn't expect it to be on that scale.
The good news is this is a company that has an outstanding product, a plant (in fact multiple now, with more on the boards) and financial backing. In the long run I think this will do very well for people, but I'm not sure staying in right now is the right thing to do. It's going to need to find a bottom for a while I think.
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