Personally, I would have sold the HU-plantation 6 months ago. But it isn't an obvious choice as taxes have to be paid and this is one of a very few projects that is generating cash at the moment.
The problem with doing "the math" is that we don't know how the money will be invested. If it is for inventory purchases then the money is really needed. You will get exponential growth in return while the number of shares issued remains constant. But if it is used to buy up land then it's pretty much wasted. That's why I said it doesn't make sense to do the math.
Going forward, it's going to be very damaging to the company if Solomon's issues more stock in the coming months. And I don't feel like going into all the reasons why, because there are many.
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