Both LEU and NNE recently raised more money
LEU is already profitable and has positive cash flow, so they went the way of issuing coporate bond (ie, borrowing money). They only pay 2.2% rate which I dont know how they manage to pull it off. Whoever buy these bond has an option to convert them into actual LEU shares at 25% higher of 11/4's closing price. This basically means investors of these bond have hih confidence of LEU going higer, because they are willing to accept a very low coupon rate in exchange of getting the shares at 25% higher strike price
NNE on the other hand, raised more money by issuing more shares. This is not good as it dilutes the shares. But since they are not profitable, they dont have option to issue bond (which will increase their debt even more)
Hmm, I think i need to move money to OKLO sooner, lol
