The only way this EV gets cheaper from this raise is if it’s done at a premium (hint: it won’t be). So post raise unless the SP drops towards whatever the raise price is the EV will have increased.
Given its so low right now it’s not a huge issue, but disappointing nontheless as even a $1mil raise would raise SOI by ~20-25% which reduces the blue sky potential commensurately.
PM1 Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
