It’s funny cos this company has not delivered anything, ever, compared to what SH’s expected and this is represented in the share price.
it’s one of the worst performing stocks since the Covid lows (it hasn’t moved since!!)
IMO the mkt is done with the excuses & IMO there is another CR imminent - probably before the next 4C which is due at the end of this month
Thorny buying to increase their % ownership leads me to speculate they’re trying to ensure it’s an entitlement issue (rights issue) so they can maximize their ownership via the imminent raise.
This company had its chance, wasted my money for almost 2 years & now it’s time to move along.
Finally, almost everyone who put new money into this since last March is underwater, so this may be one of the only stocks out there that gets hammered in the May “tax loss selling season”
