But this time the dilutive effect is less due to the SP being above $10.
we knew they needed to raise capital so Ih guess the run up triggers things. Amazing the clockwork of successful quarter reports leading up to a request to invest more capital into the company.
imagine what we can do with $300m.
The United hydrogen and Giner ELX acquisitions were half that.
I suspect a big chunk goes to expanding United's plant and the gigafactory. (which may require more funds but hopefully not a stock offering.)
How much have they left from the Green bond though?
I think our new investors (the big guys not retail) would actually like a longer term business plan laying out the size of each quarters ask and likely funding mechanism