Until this telecom has a positive P/E, it will not have enough shareholders to sustain a fair market valuation. Now, it could be that Apollo & IQST are working on an acquisition for the company, but have agreed to fund its purchase with a large bounty of an agreed share total discounted before an anticipated & authentically newsworthy catalyst. If so, then I'd expect Apollo to defend that initial option exercise price point until it has its expected pre-event stake. In this hypothesis, the remaining shares would be purchased after the price spike post catalyst & the entire lot subsequently sold at profit once the acquisition is finalized.
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