I agree with most people being upset with what they've done here including myself.
most of us have breakevens in the 40s and 50s and it is going to be a long road back.
what I would say is if the company becomes the size we all anticipate going to become dilution of 10% in the whole scheme of things is not massive. however at the present moment this company already was in question due to how it was communicating it's potential revenue vs actual revenue and the disconnect lag in money coming in from these contracts was selfbuilt by an anticipation of short term revenue through there own monthly announcement wins vs, when its actually long term potential in the door.
it nearly feels as if this company is being run at times privately when they are actually in fact a publicly listed company . this same event happened when they last did a raise at 43 totally unexpected. All i can say is if these insto have deep pockets let's see if they support the stock.on any Future weakness.
I will support the stock once they can prove scalability, may be at higher prices but you thats ok with me. I still believe in the future but my trust is water thin.
DYOR
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