RE: Who’s got more than 53.457 shares ?11 Aug 2022 17:54
If I had of bought recently I would be laughing. But unfortunately my first buy was March 21. I tripled my holding trying to average down. I’ve now sold 2/3 at a heavy loss.
Unfortunately I can see the SP continuing to drop due to the lack of communications from the BoD and also the 50% dilution coming if/when all the CLN’s are converted at these prices. But on the plus side, at least they won’t have to repay the loan if they’re being converted. Just a shame it comes with a warrant as well, meaning further dilution down the road.
I’ll hold my remaining 1/3 in a hope to get some money back if a buyout happens.