Why is that, does it bring back memories of LYC before they ended up with 5+ billions in shares and billions in debt ? Lets hope they don't follow into their footsteps as I don't think I could handle 7 years of holding a stock that is still less then 10% of its former highs like you did.
One thing in NTU favor is the timing , the plant is being built at the start of the EV revolution and will be upgraded to a full plant as demand for DyO grows.
That means no need for bondholders to come up with billions to build a plant like LYC did or to pay them back with shares at less then half the market price.
Its all about good management of the company in behalf of every shareholder not just the big end of town like we know who.
Ann: Appendix 3B, page-8
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