Why was a retail entitlement offer not done?? I understand the price is low but existing shareholders would have buy in and have fluid participation in the evolving model.
What is more critical is who are the sophisticated shareholders? Hopefully handpicked by the company and aware of techniques to avoid sanctions with real buy in to make this a goer long term on a number of fronts. We want sophisticated shareholders for the long term with vision and working with the Cubans to
Apart from that activities are highly relevant especially regarding cashflow. It is not just about managing cashflow, it is about managing the shareholder base and expectations as well as revenue avenues
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