So there's only 8mil that deutsche bank haven't offloaded yet. So assuming these people are actually in it for a dollar, they're sitting on a $300k profit from what they've already onsold, and have a break-even price of $1.72 to sell the remaining 8mil shares. I would say absolute worst case scenario of a drop to $1.72 if they sell them on market, but more likely the high $1.70's before a bounce back up.
Looks like it'll be about a $1.85 open. We'll find out if they're selling on market not long after that I guess.
HDR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held