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Besides this, Array also has a strong cash position compared to ASTI for example, a company who is burning through cash and barely generating enough revenues.
Mr Christie said the figures revealed by the ASTI survey are “completely stark”, with schools not even receiving applications for job posts in many cases.
Source: https://www.irishexaminer.com/news/arid-41112070.html
The company is selling 4 million shares of ASTI for $6.23 each.
Source: https://investorplace.com/2023/09/why-is-ascent-solar-technologies-asti-stock-down-58-today/