RE:RE:RE:RE:A financing is looming
I think of it this way. Exro with the 200m cash raise now has the option to raise money in whatever chunk they need as I believe it was up to 200m. That doesn't imply 200m at once. With the amount of interest generated at CES according to Sue, the customers are there. They might not be huge orders as of yet, but a couple of 5000 800v coil driver orders doubles or triples the share price. A cash raise at 10 bucks won't generate much dilution compared to right now. With 10 months of cash runway, I don't see that cash raise as much of a lid on the stock. The cash raise to me seems to be an indicator that yes, they will need money, but it will be needed because the cash is needed to produce a product, because the product has been ordered. Or, I could be way out to lunch. Either way, I'm still holding long, there is way too much good to come this year and next to worry much about today.