Yeah, $6.80 per share only just six month ago, on 10/06/21, with 27.9 million of shares created, to fund the US acquisition.
Hence, the initial support on 15/10/21 when the share price gapped down from $7.85 to hit around $6.80. Then ex-dividend occurred which made the SP drop even more.
PDL Price at posting:
$5.61 Sentiment: None Disclosure: Held