Crunch time for ARS simple as. The next placing to DOID will wipe out private retail investors and enable DOID take more of the company on the cheap. DOID are not far now from a 51% stake.
I'm afraid this is where most juniors fail. Raising $235 mil in this climate was a dream. They should accept the highest low ball offer they can get and call it a day.
RE: I drew this chart idea for #EML7 Feb 2024 02:59
Not sure about that times are tough for equities in particular. With high interest rates and inflation everyones buying bonds and /or gold. 5 years ago a huge spike would've been a dead certainty.
An outdated feed study is the same as no feed study. But just proves the point about progress here. Need a change of management. If Lenigas took over this would really move.