Strongly agree. J Cap firmly have the upper hand and WTC played straight into their hands with the initial response. Months on months of preparation and ammunition by J Cap versus how WTC have to forcibly rush their response in self-defence? Skimming through the report, you have to respect the amount of research and on the ground work that was put in.
Also on the other hand, WTC do have a good product with moat, so eventually this will reach fair value. When that is? Depends on how much assets and revenues were inflated.
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