I'm surprised the raise is only at a 20% discount. What existing shareholder would want to pile more money into this steaming hot turd? It should really be at a 50%+ discount given how risky it is. It's not like the raise is being used to grow the business. The raise is being used to save the business, keep it solvent.
Ann: Strategy refresh and capital raising presentation, page-81
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$1.55 |
Change
0.050(3.33%) |
Mkt cap ! $345.7M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.60 | $1.46 | $32.96M | 21.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 110249 | $1.55 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 74197 | 4 |
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