It is bad because it means management stuffed up badly with this stock, that they need to consolidate out of the .001/.002 cycle. We will see if management take their finger out now or continue their same dodgy ways.
The stock can also be sold down to a lower level, the previous market cap was basically propped up because of the amount of shares on issue, so we’ll start to see what the market thinks it’s MC should be, rather than jumping $5 mill every time.
It is bad because it means management stuffed up badly with this...
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