No one thinks it's strange, a shell is worth $55M, the placement takers are up 4 bags already in a week, and yet no asset ?
No doubt they'll probably pump it higher, but I chose not to participate in plays where the downside to cash backing is back to 0.3c ... there are 10-20 other shells that could all easily 3-5 bag with far less downside
My interest here is simply knowing, what are people paying a now $55M valuation for ?
WFE Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held