Dear Coveted Trader,
I'm sure the list of smartest things you've accomplished in your life is long and impressive.
Unfortunately, understanding why Pyro is making the decision to raise capital is not on your list, perhaps because your understanding is still a few courses behind.
Or did you think for a moment that an entrepreneur like Pascali must have known thirty years ago how much capital he would need to estimate his organic growth model to the nearest penny thirty years later?
Is there one cell in your brain that thought for a second about this entrepreneur's complicated strategy to lead his company to profitability in extremely complex matters?
There are many reasons to believe that a capital increase is the best decision to raise operating funds.
Perhaps one of the most important for shareholders is that no loans have to be taken out and expensive interest has to be paid. But above all, thanks to Pascali, Pyrogenesis remains a healthy company with no debts that would otherwise mortgage the confidence of partners and investors.
And, who says that when one day no useful investments can be found and the treasury is overflowing with cash, there will be no thought of buying back the shares.