RE:RE:Breaking out?Should be able to push past $1.90 by weeks end for sure, but another 6.5% increase tomorrow from the current level ($1.87) would have us into the $2.00 range! Fingers Crossed &
cabbieJBJ wrote: 2.4M short according to Morningstar as of 1-13-23 plus another 250K in USA. Potential for a big short squeeze.
The fact that management is paying down debt while still in growth/acquisition mode suggests they are confident that the Wilan sale will come to fruition and replace the debt paydown plus, plus. An equity raise to replace debt is possible in the distant future but NOT at these share price levels.