R/S Their plan maybe to do a high enough R/S
and then issue double the shares to pay down
some debt. Right now at 6.7 billion with the FCF
they are estimating is not attractive. Even if they double the
FCF for 2022 say at 200 million that is peanuts in reality.
Supply issues, inflation, possible recession as GS has
it at 35% chance this morning and higher interest rates all
not a good combination for the bomber. The share price is
showing investors have concerns. Valuation not cheap as some
here say if you crunch the numbers.