I don’t want to rain on the parade Louie but if that’s the PLAN then welcome to bag holders club.
What I mean is that will be a lengthy drawn out time consuming, pain staking process. During that time pps upswing will be unlikely. Think back to 2014-2018 (pre reduce it) pps $3+/- days.
It would just languish. I’m not saying $3 is the new normal but wherever it settles it would languish.....Sideways, stagnant. Maybe a little pop if they plan to partner Europe at eoy.
But time value of $ - I, for one, would make the regrettable decision to abandon the company, move my $ elsewhere and then come back after a win.
I truly hope this is not the PLAN. I’m assuming another plan unfolds for Europe and RoW and now I wait like everyone else to see what the plan is. Note, I’m expecting something totally different