If you were to guess, what would the size of the next cap raise be? And do you think they can secure anything upfront from 1 or more BP players in lieu of a highly dilutive equity deal?
So let’s get specific: management goes to market to fundraise at 80 pennys per share give or take a few thousands is a cent. 12% discount Is 8.16xxxxx pennies carry to whatever infinitesimal decimal point your calculator can report. This is gonna get us to $35B to whatever-the/hell market cap? Not in this lifetime.
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