Here is why the shorts keep building. IMO
For year 2023..they see increased interest rates, continued cash burn, increased loss EPS , increase in debt and boring news cycle, because MGT is too busy with intergration of GEGH.....IMO
Estimate EPS (loss) for the year 2023 IMO
Quipt Net Income (loss) fiscal year 2022 ( 2mil )
GEGH Net Income (loss) fiscal year 2022 ( 2mil )
Est CPI increase with zero inflation? hmm 6mil
Est Int on 88mil new debt ( 6mil )
Est synergies per MGT 2mil
Est yearly net income (loss) combined ( 2mil )