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$DDD perspective with dilution 1. CFO is idiot as he raised at worst time unless DDD is about to drop another bad news... 2. total possible future dilution is 41M at 2.24 - 8M purchase =31M .
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i am still trying to understand what is market seeing which I am missing or how is it worse than before debt deal close?
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@chiku technically it’s not dilution until notes are converted. What the market is seeing is the possibility at any moment that could happen! And going from 0%interest to 5.8% interest is a hit to margins and bottom line.
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i get that but better than debt overhang and looming BK risk...the CFO sucks as he chooses worst time to get this deal done , after withdrawing guidance, missing revenue for 2 Q etc
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