I won’t be buying another share here - whatever the potential future returns - until they examine and cauterize whatever it is causing these nonsense bizarre movements and the relentless price suppression. A proper board-level strategy for managing and defending the capital structure is as important as its plans for buildout and production at this point. It used to be that if you sorted the latter then the share price took care of itself - but that is simply not the case here any longer or in the current market environment more generally. Knowing that you’ve got quite a number of (in specie) holders effectively held to ransom here by an IPO price we can barely rise above - and a bulk swing trader playing this for a few grand a day like they used to do with FFX - is not conducive to growth, maturity and wider market confidence imo.
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I won’t be buying another share here - whatever the potential...
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