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In November alrosa sales gone up 36% yty
https://www.rough-polished.com/en/news/119665.html
https://www.petradiamonds.com/investors/shareholders/meetings/
There is additional information, some numbers according future dilution could be found https://www.petradiamonds.com/investors/shareholders/meetings/
Agree, me being those debtors I would gather existing shares for actual prices as much as possible and will make smaller dilution just to get to those 91% of equity and would make exchange price for new shares as high as it could be, so at the end there will be control of 91% and at the same moment 10x profit from previously bought shares.
That is one of several scenarios, until we are not inside the process, hard to say if there are some factors making this scenario more or less possible.
If there will be dilution it will brake the picture for technical analysis... all will depend on conditions of dilution I think. But I could imagine scenarios when sp could be 20-50p. I my view there more chances for scenarios with 4-10p prices.
Should say nice analysis:) even I don't believe in TA. Have a nice weekend