RE:RE:Cashflow concernsEdcando wrote: I don't know if you're missing anything or not but I do have one observation. Since they alrwady have approval for that raise nothing says they'd have to sell 50 mil shares at this price (or any price all at once). So assuming your math ia correct on how long they have cash for (they do have other revs us so I'm only just assuming your math is right) they still don't need to raise $75-$90 million all at once (with it's included sell pressure) . They could just as easily (more easily less pressure) sell only as many as they feel they need to in immediate future. They also don't have to sell into the bids meaning who knows what sell pressure at any point. Time will tell what happens.
Hut8 mgmt have a proven-track record of financial prudence with their ATMs. I have no concerns with unnecessary dilution. :)
Good luck everyone!
Seven.