I think that Garrett isn't too happy either..
The raise to 50M A/S didn't give anyone more confidence either.
At this stage it's impossible to know when this mess will end, the management is doing a really lousy job. If they just could tell us what's really going on, then people might be more confident in buying ATM. (or the opposite)
Right now the smartest thing might be to wait and see if we get any clarity in this.
Hopefully it's ECAB who sells their 2,1 M shares and not Solomon who sells shares for ECAB:S $10/share bill. That could bring more problem with the other collateral shares. (if it's not them)
But we saw a lot of shares for sale before the A/S raise as well.. And it doesn't seem to add up with the shares that was available at OTC, together with the 3!? Million shares that's been transferred to Merkur since this year started.
It almost feels like it's Solomon who's printing shares, it's just too much shares. IDK, I guess we'll find out when this is in the past already.
