RE: Sentiment Draining24 Aug 2024 12:40
What exactly do people think will happen here and why do you think it hasn't happened so far?
Do people realise they need a nine-figure deal to reach the multiples spoken about? Yet many all too many to ignore the fact that if it was that valuable, the deal would have been signed 2 years ago to much fanfare. Now they've had to pivot away to a new angle yet still nothing.
It's clear they are stabbing in the dark but only hitting brick wall. Next step, no money and a big raise to keep the lights on. Even HVO, which to its credit had relatively significant revenue, still did a big raise when they had millions in the bank I expect more of the same here but under far worse terms