a 25% diluting would decrease PPS by $1.20 cents. OS would increase dramatically.
ARRY needs at least 200 Million in cash, they would also increase their OS by 160 million shares. This could put heavy pressures on the stock. Increasing OS would be a detriment to share price for a while, and if markets dive, it could be trapped in the 3's. This could be a bad ride down. Wrong timing, they should have raised cash when it was in the 6's. You got to have a strong heart for this ride down.