Aug. 27 at 11:08 AM
$FAC post-spac float looks unusually tight. After the heavy redemptions (83, 5%,) the public float is roughly 11.5 M shares, while the effectively tradable float may be closer 5-6M after strategic and institutional holdings. If Fac delivers a real catalyst - an OEM order, production milestone or binding manufacturing agreement - new demand could overwhelm the available supply very quickly. Low float works both ways, but the upside potential on strong news is substantial. BULLISH
THE ABOVE NUMBERS IS DUE TO MY RECEARCH and are stimations.
