RE: Jeebus! in what world does someone with $10million in cash...21 Jun 2026 09:32
I'm pretty certain now that Kat has never been offered attractive terms!;-
The BOD is not naive- Tone Goh, the Executive Chairman, has been with the company through multiple financing rounds. The 2022/2023 CLN handling shows:
They did not over-leverage the company
They cancelled unused capacity rather than take cheap money
They managed dilution by limiting conversions
I'm with the BOD on this one I'm afraid Kat despite your poking in the dark.