Ann: Corporate and Business Update, page-60

It was Canaccord that downgraded but that’s still 2x from the close.

Notwithstanding they’ve formally closed M&A that can often be a tactic - I’ve seen that first hand. At 1x EV/rev it’s pretty compelling for a US acquirer. I’m pretty sure they’d be looking closely still.

Either way, terrible price action today. I thought the recent slide priced in no acquisition but either it didn’t or there’s f*ery afoot. I’ll still hold as th
e metrics still look pretty good despite the chart being ugly AF. Fortunately my average isn’t too bad but in the red like most. Broker report below.