RE:For how long Fire has liquidity?Pierreolivier15 wrote: With our current liquidity. How long can we survive without a refinancing or dilution?
Thanks
If you buy FIRE.DB you have to worry about it less because refinancing and dilution will at least be to your benefit. Lots of people here think they will generate enough cash by next July that it won't be a problem to pay off the converts in October. Either way you more than triple your investment on FIRE.DB in 18 months (as long as there is no bankruptcy which I don't think will happen but I like to look at all risks).
You have to be ok ONLY tripling your money though. The consensus on this board is that the equity will go much higher than that over that time frame.
FIRE.DB is for investors and not traders though as it's hard to trade in and out of.