It still hurts to revisit that stock was diluted again on June 28th, at a price 30% lower than the last day's price around $6.5. While their technology is making progress (there is still lots to go), funding continues to be the main concern for them.
Personally, I'm still holding with average cost of $5.4, but to be honest the last dilution kind of screamed desperation in my opinion, considering their previous dilution before this one was on December 2022, at a lesser discount of 15%.
I'd be lying if my thesis still remains the same before purchase, but curious to see what others are thinking. Not trying to trigger a bearish post about the company, I'm generally curious.
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