What would happen if $GME announced a $1B follow-on offering tomorrow at 50% discount to the current share price?
Sounds crazy in every sense to raise that far below market, but:
To $GME it’d be $1B of fresh capital raised at 500% their 5-year high before this spike.
It would get eaten up because of the spread.
It might stabilize the price by being an “out” for those being squeezed.
To $GME it’d be $1B of fresh capital raised at 500% their 5-year high before this spike.
It would get eaten up because of the spread.
It might stabilize the price by being an “out” for those being squeezed.
¯\_(ツ)_/¯
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