That’s just one example, specific to us, showing that no-one pays more than they have too.
How is WR1 not in a vulnerable position? There is a clear timeline in place, where if we don’t execute the option, then we just wasted a year and the better part of $60m.
Sorry mate, but it’s pretty difficult to make the claim that WR1 has plenty of options, but chose to raise at 52 week lows at a >20% discount, to raise an absolute pittance. Companies don’t decimate shareholder value at multi-year lows when they’ve got lots of other options.
WR1 Price at posting:
28.5¢ Sentiment: Hold Disclosure: Held
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