RE:RE:RE:RE:Regarding the ATM
Before Eric transferred shares to daughters and donation to Family Foundation, he held I believe 56 million shares which represented 31% of O/S at that time, so his breakeven is very easily to calculate given he invested $260,000,000 in total! Thus, $4.64 at that time. It would not deviate much from that as he has only purchased maybe 1 or 2 million shares since those transfers to maintain his now stated 19.9% position.
But, have his "daughters" been buying since that time (or before for that matter) we have no way of knowing! IMO, they have been (using daddy's money of course) since ES comments of just 3 months ago would seem to indicate the family is still "all in" here! And, I continue to believe his intention is to hold a 40% interest before a major takes out remaining 60% position in a buyout and they become partners!
If, I am right, then it explains a lot of what is happening with share price! Again, just a speculation on my part so take it with a grain of salt!