Ann: Leads investment into Sky Mavis, maker of Axie Infinity, page-239

Price is one thing but value is another and it’s easy to get those two mixed up.
$1.1 may be the current price but who actually thinks it is only worth that? Even on PM hardly any sellers at that price so clearly no one is seeing this as a fantastic price to exit.
When the company does a raise at $5 is when on PM will start trading at 4-4.5 and slowly build to $5 just like what’s happened when they announced raising at 1.1