It would take more than a decade to generate enough volume to allow YA to convert and sell that number of shares based on volume over the last 3 months.
Meanwhile, accrued interest keeps digging the hole ever deeper and PPS will drop back to $0.01 post-split. That is the nature of toxic death spiral financing.
Hi - hardly following the stock let alone the conversation, but I'm curious if you'd be willing to summarize your thoughts on the situation and whether or not you think this could be a turning point for NEOM shareholders. I know it's ugly, but the EU news, no new YA money for a long time...it's starting to look like there might be some value going forward.
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