Its not going to matter if the stock has 200M on offer. Its been screwed down so much, so under priced that no one wants to sell and everyone wants to buy. SZL ran down to 20cents from 10 bucks and its still hovering around its lows.
Raising through a 25-30% dilution is a poor idea and unfair to those still holding like Charlie.
Liquidity will come when the price reaches fair value.
Best option is to organise a broker to help Australian holders sell their CDI's on Nasdaq.
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- Ann: Sezzle to Commence Trading on the NASDAQ
Ann: Sezzle to Commence Trading on the NASDAQ, page-73
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