Thanks lex, worth noting the timeline of upcoming events.
IMO this what will happen over the course of the next few months.
ATM buyers are wary of further supply hitting the market and a waiting for a clear bottom to be hit before buying up.
IMO the new SI and director placement will be far more sticky than the previous ones to Fortrend.
With all the supply soaked up from Fortrend and no new supply of freshly minted stock hitting the stack, in addition to the expected news flow over the course of the year should give a massive boost to the SP. No surprise at the ambitious incentives set.
We will see over the course of the next few months if I was correct or not.
Disclaimer: I will be adding a small trading position over the coming weeks, in addition to my existing holding. DYOR
MNM Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
