RE:RE:pull back I agree C21 is still massively undervalued. I think that some of the selling now is due the expiration of warrants linked to the convertible debentures. There must be some warrant holders selling shares and then using the warrants to replace them.
There are two tranches of warrants that expire in December and January. The December related selling should be winding down as the instructions to the convert the underlying December debentures must be received by December 16th.
Just need a few weeks to work through this overhang and then clear sailing. If we are lucky we could also get a nice surprise early in the new year with a non dilutive debt deal announcement.