Have a hunch those Insto’s still in may try & stabilise it & pump for an exit higher than here. If it was ever a T/O target & apparently someone was running the ruler over it recently it may have become moreso now. The positive there may be Beylier being turfed.
Even as a gesture. My take is an O S bounce before drifting lower for an extended painful period.
Terrible performance & heads should roll if only for the stupidity of the debt load.
& that ultimately rests with the man at the top.
SDA Price at posting:
$2.11 Sentiment: None Disclosure: Held