"as the company completed a financial restructuring that essentially wiped out shareholder equity"
At 2.5%, equity holders got shafted. We can dwell all day long but that fact is now a history. What remains to be seen is whether that measly 2.5% go lower with new common share owners or not.
Current market cap fully diluted $350mil Revenue $5bil Q2 loss $42mil(down prev q & yr prior) $100mil new capital
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