IMO, some are unable to recognise how the options will be ex'd and under what conditions (some have called them permutations), together with how a meaningful valuation may be commenced - all thing being equal.
All eyes on the AGM resolutions - then shareholders may be able to recognise the devil in the detail - along with the angels with wings.
NB. Today's VWAP was higher that yesterday's hysteria.
GL to all.
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