Falling to hell where it most likely belongs in my view.
In 2020 just before the large dilution/ cap raise took place, the market cap I think was about $50m? And today it’s still at about $200m, way more lower to go in my view.
Don’t rely on IGO stepping in to take over the business for a premium, strategically easier to buy them cheap on the dollar but cutting a deal with the administrators should the business fall over in my opinion.
