By my calculations, First Samuel had an average buy in price of $0.02 pre-consolidation which would be $0.30 at today's SP. Giving them an almost 66% loss on their $10m investment (valued at roughly $3.3m now)? Is that correct? I wonder if they are planning to chuck any more money in to bring their average price down? And surely you would think the head of FS will be in Cedric's ear asking what is going on
By my calculations, First Samuel had an average buy in price of...
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