So i assume you think there is more downside on your ELS given how it compares to GMV?
ELS has already dropped from $1.75 to 57 cents, and still a $57m MC at that price - so what's your value metrics here compared to your rationale for GMV ??
Particularly given ELS did only $374k for the quarter gone.
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So i assume you think there is more downside on your ELS given...
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