im not saying all of the people that bought the open are selling now.
most people that sold above a dollar were booking profits.
for a $76million EV (96-20mill cash) i think the market is pretty wrong at the moment. weak hands cashed in and have spooked the market.
it was 40% oversubscribed at a dollar so there are definetly buyers about. but after todays action i think they believe they can get it cheaper.
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