RE: Update soon11 Oct 2023 11:52
Could be wrong, but to me, the recent trades would suggest a fund raise. Will have to wait and see on that. If there is a raise going on in the background, then hopefully it’s just a small one. The most recent updates show the company is in a much better position than it was. The IIs are still in. TB is still in.
This type of company isn’t the type to 5/10x in a matter of months. I think it will take a few years tbh. To me there is no point selling my positions at this level. I’m happy to ride out the recent choppy waters based on the calculated risk that, despite the decline in the sp, that things are moving in the right direction business wise