Few notes on latest equity offering: New shares from equity offering 62,5 m. and from convertibles offering 175m. if converted (virtually certainty if Carnival survives) Existing shares 657 m. So total diluted shares 895 m New money coming in total, with credit facilities etc., is 9 BUSD Current cash burn 1 BUSD month So current … Continue reading Carnival bought 8 months more life time