With the continued cash burn and now the expense of a recall the company will be forced to issue more sharesto stave off iinsolvency. My guess is the offering will be around $15 and send the shares to $12 within a couple weeks after the shares are issued.
On the recall I actually blame the analysts for not pushing harder for clarity on the massive warranty accruals, though that hides the improving underlying margins which should strengthen further w/ HPDI 2.0...
As far as the future, they don't need more cash right now.
What is interesting is they just landed Delphi, a 20 Billion dollar company. That's huge.
Gas price bump w/ Ukraine instability means good news for WPRT, not bad. Thus the full court press on this board, which, honestly, is a waste of time anyway.
My favorite red haired stepchild continues to perform wretchedly but the future is looking pretty rosy.