They're down ~27% YTD.
Something tells me that there's going to be a "come to Jesus" meeting soon in the C-suite's future that results in the deployment of a golden parachute.
Something tells me that there's going to be a "come to Jesus" meeting soon in the C-suite's future that results in the deployment of a golden parachute.
Engineers love a good challenge. Let's compare tensile strength of gold to silk (the original parachute material): • Ultimate tensile strength of Gold is 220 MPa • degummed natural silk fibers, with a tensile strength of 614 MPa
So approximately just triple the gold thread versus silk thread. Expensive but doable. Gold may add to total weight (parachute + person) to keep floating causing velocity to increase versus silk. Attach warning label: IANA MECHENG.