Not a DCB, it was ridiculously oversold, even if we assume there will be another loss next quarter. Even the worst case scenario for the next quarter or two goes nowhere near to the cash we already have in the bank.
We were at $2 late October, I think maybe a 10% fall from there based on some disappointment with the quarterly might have been fair. But a drop to the 1.20s was absolute lunacy. Should see some steady gains over the next few trading sessions.
E25 Price at posting:
$1.36 Sentiment: Buy Disclosure: Held
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