I'll give you a definite.
There will be a hell of a lot more shares to divide any future profits between and a minimum of 12% SP dilution before any next quarter report so as a holder I would be more concerned with that.
Especially if I was a large holder that could dump their holding even though they still have faith in the company and double up their stake in the days following the SPP price being set.
I wonder where the person closing out the short for 3.1 mill shares at 11c sold them at.
They will pay $341k to return them.
If they have shorted from a dollar they have taken over a $2.7 mill profit in a bit over a year.
Trust me at this point it is not a new buyer waiting to get in.
That's investing.
scenario, strategy, battle and war, page-165
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Last
$6.91 |
Change
-0.030(0.43%) |
Mkt cap ! $6.486B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $6.97 | $6.88 | $1.247M | 179.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1213 | $6.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 3336 | 16 |
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