Yeah like I said I am not buying anything yet as I also expect a high chance to go lower over the next month until they release more intricate details, unless they do it earlier than that somehow.
So yes I agree. Insane. To me its either bankruptcy or profit. One is right either the Board saying they are profitable money making company or they are wrong and ex-shareholders are right, the company will go bankrupt.
Take over I guess is an option. However how can that be on the cards with an instant drop of 50% - this is not on anyone's radar right now surely? All the buyout offers for stocks like Mosaic happened about a year ago during the middle of the covid-rebound bull run.
