Unfortunately, LT investors have heard all this before, numerous times. Extended timelines have been trendy for the last 4 years with Race.
Previously, retail investors had the appetite to wait, which they did. But now, many have eaten as many carrots as they can stomach.
I don't hold much hope for even the so called 'Bonus' options to stay in the money for long. The word 'Bonus' being a creative description for CR from (yet again) retail investors' pockets - just like the last retail based CR, of which the majority of the whopping $30m was spent, with very little to show for it.
Also, I'd hoped we weren't going to use that phrase anymore after previous discussions - "Outsized returns" - because ANY return would be good right now
Ann: Updated Strategy and Investor Presentation, page-140
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$1.94 |
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Mkt cap ! $330.4M | |||
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