We can wish as much as we want, but the selling action over the last few days would indicate a leaking ship in terms of news.
I am not sure any more about this financing deal. It seems as though the conversion price of the convertible bonds will be determined based on sales until end of April - so it creates an advantage for someone to drive the price lower.
The "fundamentals" seem to be there, but the price action, the continuous delays and lack of information would suggest otherwise.
I plan to get out and maybe re-enter if it gets around 20c. Why wouldn't it get lower given this wonderful management ?
GUF Price at posting:
29.5¢ Sentiment: None Disclosure: Held
