The discounted shares certainly didn’t help the valuation but the fact that they received what they needed from an equity investor shows that they are liquid and have substantial upside from $6.50 imo. But I’m in agreement that it puts a bit of a lid on share price until earnings and audit findings are fully released.
The capital restructuring is very complicated here. Well. More so shady. I foresee a potential run and then drop to $6.50 or less. I dunno. Just guessing.
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