Let's not forget that we still don't know the terms of the new debt. If they are convertible debentures at 50 cents or something like that (no idea if they will be convertible or at what price) that could also hold back the price.
Let's face it, there are a multitude of reasons both macro and micro that could contribute to the current share price.
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
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