RE:RE:RE:Reason of dumping: streaming warrants!!!! :-(Bingo, this is anson
https://ansonfunds.com/news/.
Based on tidals disclosures, I figured $40m in capital can generate $10-20m in revenue that’s very efficient because it’s a royalty and doesn’t have the cost structure of a grower. If you think Tilray is fair at $12b value and $40m in revenue, Tidal is a steal with a fully diluted value of $62m. IMO this is a short term sell off.