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Boeing to sell at least $10B in shares to plug cash drain

(www.wsj.com)
32 points bookofjoe | 1 comments | 15 Oct 24 21:34 UTC | HN request time: 0s | source
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xracy ◴[15 Oct 24 21:54 UTC] No.41853512[source]▶
Gosh, would be real cool if they hadn't bought all those shares, and just had the cash on hand to help... I don't know... invest in engineering and making planes fly with doors on them.
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s1artibartfast ◴[15 Oct 24 22:19 UTC] No.41853701[source]▶
Speaking abstractly,Why would that be any better?

Why keep the cash on hand when you can raise cash.

I get that people have an emotional reaction to Boeing, but it's not like owning 10 billion dollars of Treasury bonds would have prevented a door plug blowout

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booi ◴[15 Oct 24 22:20 UTC] No.41853715[source]▶
You're not supposed to use the $10B to buy treasury bonds.. you're supposed to use it on R&D, manufacturing, QC, etc...
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1. s1artibartfast ◴[15 Oct 24 22:42 UTC] No.41853881{3}[source]▶
The parents said cash on hand.

You are proposing a third hypothetical. Would Boeing being a better position today if they had spent 10 billion dollars yesterday? Maybe, maybe not.