Also, the assets they list include 1 B client assets. Which is about 100 million less than they would have had with just the 225 wiped out.
Imo the business update was given friday before things got worse.
The fundamentals here are hugely changed according to the luk agreement. I strongly suggest anyone invested here to read, and more importantly, UNDERSTAND what it means.
The understanding of the fundamentals will make the Citi price target less of a mystery.
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