So this company has already CR there new facilities at 2.75 cents at 5 mill, issued rights at 1.81 mill to buy new machinery, have purchase agreements over 5 mill, MC at $13 mill and have financials coming out in a couple of days. This tells me people over leveraged last week and are selling at a loss lol. They'll buy back in when it goes back over 3 cents.
Back the truck up!
4c fair value ($30M), 8c short term target ($60M), page-735
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