Wa8’s Momentum suffered badly but something like this will revive it. Thought SX2’s fairly valued but it’s actually gone up another 50% since last month’s $163m capital raise. It’s insane. Hence I was hoping wa8 get the maximum cash for a much stronger position. What were they thinking. their $25m is nothing compared to the cash of sx2. And sx2 are not releasing any mre until 2027. They’re over $2 billion mcap now. Wa8 missed it. After one quarter the cash will less than $20m and will
WA8 Price at posting:
12.3¢ Sentiment: None Disclosure: Held
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