: "Operating losses were only $12mm/qtr; they have liquid assets to bleed that hard for maybe 5 yrs HOWEVER! I assess approximately 0.0% probability the Board will wind up the co & pay out each $48 shareholder the approx $2/share they have in cash. Maybe the fun will begin when the lockup ends"

@waltfrench.bsky.social

Operating losses were only $12mm/qtr; they have liquid assets to bleed that hard for maybe 5 yrs HOWEVER! I assess approximately 0.0% probability the Board will wind up the co & pay out each $48 shareholder the approx $2/share they have in cash. Maybe the fun will begin when the lockup ends

May 21, 2024 at 00:55 UTC

1 replies 0 reposts 1 likes

Not Yet Post Democracy Joshua Vaughan @outerleftfield.bsky.social
[ View ] May 21, 2024 at 00:57 UTC

Good analysis sir, appreciated!

0 replies 0 reposts 0 likes