RE:All the hate and it back to 0.18 like I said This is exactly the point I made about how wrong it was for management to perform an offering during the peak of tax loss selling season.
This share price was totally expected to happen, it was a given.
All this was to show cash on the books and a better looking balance sheet for the end of the year (1st quarter financials).
Advisors are probably buying up a vast majority of these shares because retail never thought they would perform the offering at this time of the year.
It's why the majority of companies having money raising in January.
It wasn't for shareholders.