I would think the share price will rise, here's why
1) the more I think about it, the more it seems like this PP being done at about 0.10 seems like a game of dirty pool, why? because the share price from 3/5/24 to 4/12/24 held at bout .60cad, now if in that time they were having trouble getting it fully subscribed I would bet the ranch they could have made continuing concessions of 5%. then 10% then 20% then 30%, ok well you get the idea, and eventually it would have priced/filled, but apparently no effort was made in this regard
2) then a "rescue" the shareholders PP is placed at .10 and the bulk of the ownership is taken away form the long-term investors
3) the new investors will likely be the big winners not just because they own the vast majority of the company for about 80+% under the last market price before the collapse based on the news release saying S7 will be "running out of cash" in 2 weeks!! and that was declared after 5 weeks of doing nothing to get the PP done much less horrible drop in PPS
so yes, I believe the technology opportunity is still there, and the funds should now be in place to implement at 800gbs, so I believe the PPS will trade up from the newly created low and slowly head back to .60cad where it fell from abruptly, jmo
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