RE:RE:RE:Amazing
2024golden wrote: I agree 100%....the PP was a gross devaluation of share value and they should/must have known better!!! 30M for 12% of TKO is a complete fail...period. Doesn't matter what they say it was for.....only 1 qtr of cash from Gib at most.
I am looking at this as an outlier mistake, it's done and hopefully we can move on much smarter in financing Flo build. Ideally we dont even need a jv.
You people just don't get it. You need not like the deal. In your infinite wisdom, you can believe you had a better solution to the problem at hand. In the end, it matters not what you think. The only thing that matters here is that we have an answer as to the origin of the PP that has merit. When you take the corporate chair, you can do things differently. To be clear, no shareholder ever wants to see their shares diluted. That's not the point here. Rather, it is now obvious why they did it and it has plenty of logic to it. We don't know the rest of the story, they do.
Wtf people? Miner found the answer many were looking for that had a modicum of sense to it and you still cry on. Get over it, great things are ahead for this company. That's what really matters.