RE:RE:I will be extremely happy when Acuity breaks out of this skelterhelter wrote: Pretty sure chartwise it's totally broken.
I wonder if this is related to Nasdaq listing and how much they plan to raise. If markets expects a highly dilutive event it would explain the lack of bid.
Not sure why listing on the NASDAQ would be dilutive nor whether there's any immediate plan for them to raise money (and certainly not at this depressed price). Their financial position is very solid (see extract from latest earnings). GLTA
- As of December 31, 2020 , the Company had working capital of $26.8 million , compared to $1.7 million as of December 31, 2019 .