What I mean is that investors don't want to pony up the cash at current market prices. They want a discount. Then they will pony up the cash
replyJust like creditors demand higher rates on investment grade bonds, investors are demanding a higher risk premium if they're going to be expected to keep piling in cash to this particular sector that's diluting and raising.
> investors don't want to pony up the cash at current market prices
replyI don't think anyone can say this until the IPO goes out. Right now, all we're seeing is discount rates being adjusted market wide in anticipation of a rate hike.
I thought most of those households was massively in debt?
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