A lot of speculation on how the next funding that will be required will be raised.
Whatever the source it will result in some form of dilution.
The standard discounted offering to some brokers list of sophisticated investors would be the worst outcome IMO.
The likelihood of one of the MTA partners stumping up cash for equity (cornerstone) is fairly slim at this time IMO.
One would think that the MTA partner would also demand a discount to the current SP if asked to contribute.
All will depend on how advanced ADO is with the battery science.
Who knows but one thing for sure is that time will tell.
Is the much lauded ADO executive financially savvy? Hopefully a lot smarter than the others from a few years back.
Ann: Strengthens Executive Team with CEO Appointment, page-89
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