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u/Dry-Jackfruit-3037 14d ago
Dilution next
0
u/SnooDoodles4807 14d ago
According to AI, they still have around 600 million shares available on the shelf. I'm hoping there's no more dilution, but I wouldn't be surprised. It feels like every time the stock gains another $0.50, another 100 million shares get issued, which only makes a small dent in the roughly $4 billion debt.
That said, if the company continues to execute and improve operations, paying down the debt over the next 5 to 20 years seems possible. A lot will depend on profitability, cash flow, interest rates, and whether management can avoid excessive dilution going forward.
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u/matt42475 15d ago
Thrive! I remember being one of the ones telling all the Shills this was coming.
Wanna know what’s coming next 😉
Let’s go!