Not sure about your down pressure comment...
SPP, yes the buyers I like us long buyers are not participating for selling straight away....some may like a profit....if and if the SP is 8-10c which is unlikely...but to buy at 5c and sell at 6-8 C does not make sense...
Anyways we sit and wait as the EV of under $ 20m is very very cheap...and if the SPP adds another $3m we are around $17m...
Even the new holders or someone planning to buy needs to do the maths here....last 10 years of work has come to this trial and the company is valued at $20m....and by all means it's not a lifestyle company ...
Imo dyor...
Not sure about your down pressure comment... SPP, yes the buyers...
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