Ann: December 2022 Quarterly Activities Report, page-506

It won't be 20% given the improvement in cash flows since the original announcement and the $250M loan/grant from govt. Worse case, will be mid range of 25%. Macquarie predicted 30% on day one of that original announcement. In either the case,the pie is larger than originally envisaged, so it will not be an amount that will be non trivial for a shorter who hadn't calculated that risk until later in the year, not to mention a whole bunch of other funds that will would have been waiting for divvies before buying in. They now have a much smaller window to build their position. And I believe that is was one of the big reasons there was panic buying on Friday. I firmly believe current shorts have got this wrong and we could see this take off from here with only small pullbacks.

There's 3 billion shares, so plenty of ammo for any shorters to try and influence the price, but won't make sense if BEOT have decided the algo switch has been flipped to UP.