yes 220 million is a large sum to raise just to keep the company in good health. Today's 20% price hike will most likely evaporate in no time with business locked down and making very little or no money for the next 3, 6, 12 months. It's been a great company and it still is but the large amount raised for business expansion would have been a great idea; to maintain the company? I am not so sure. I am keep my fingures crossed. I do when my grey matter and gut feeling don't play the same tune.
IEL Price at posting:
$14.95 Sentiment: Sell Disclosure: Held
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