Pierce Aerospace Doneshield partner, page-16

Could be, though i think its more retail holders selling down their existing holding to buy up at the 30c credit raise and holders looking to buy likely not buying at market so the buy side is underweight.

I'd be surprised if it's not over-subscribed again (like it was in Sept 2020). If it's a big overshoot - wouldn't be surprised to see people getting only 60% of what they've priced for. Further it's running the risk of a short-term ann pushing us back higher.

Retail investors best asset is being able to hold long-term and not worry about qtrly performance but based on how retail investors talk/behave here you'd think LTH was a mugs game...