This is why I keep putting the math out there. The max is 30 if LS bought everything and LSTR was fully placed. 30M/1M = 30
The number is growing quickly right now, and will continue it's up-and-to-the-right trend for a while, but as soon as LS decides to place more in the market, the number will slow down substantially.
If you want to look at it conservatively, right now the fully-diluted LPS is 2.4. THAT is the number that will forever go uattr. The non-fully diluted number can potentially go down, and WILL go down if and when LS utilizes the entire LSTR cap (assuming at any point it gets above 30).
Of course, if they never issue all of the LSTR, then that number can get pretty high. Personally, without any knowledge of who is over there running things or what their ultimate plan is, I don't think they'll go much above 500k unless or until they really need the cash infusion.
Are you a mathematician?
I see you love reducing everything to numbers.
Nice.
Learning so hard here.