More dilution on the horizon to solve the cash problem
TARGET CHANGE
CHANGE IN TARGET PRICE € 0.00 vs 0.00 -61.8%
The target price resets 62% lower having been negatively impacted by the massive dilution now accounted for in our model. We have increased the number of shares to 9.6 billion from 2.96 billion to reflect the dilutive repercussions of the equity funding the company needs and will have to carry out to prop up the balance sheet and solve the cash problem to be able to finance ....
