$Maxeon Solar Technologies (MAXN.US)$ TCL position of 150,00...
$Maxeon Solar Technologies (MAXN.US)$ TCL position of 150,000,000 shares will be reduced to 1,500,000 if a 100 for 1 RS is approved. I dont see why they'd vote for that kind of dilution only if they were waiting for a big catalyst in the near future.
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adrian2188 : Well the R/S will happen, then follow by pp, ri, esos to balloon back shares to milk shareholders.
All the company who do R/S using this method cause every q is losing and need money to sustain. They already tell upfront they cant break even until 2026.
ElusiveTrader OP adrian2188 : liar
adrian2188 : Lol.. Im never wrong
2786 : Yes i agree with you
Tonyco : they voted for the dilution because they have -90M net profit and they had only 106M cash. 50% controlling stake in exchange for not going bankrupt
ElusiveTrader OP Tonyco : SHORTIE