Over 60% market cap in cash! This reminds me of the Teck resources opportunity that I missed after the great financial crisis. These opportunities don't happen often enough in our investment careers.
Unless the company doesn't pull a Silicon Valley on us, they have $103m in cash and a market cap using "A" shares of ~ $169m. That part doesn't change. The only thing that changes are the investors that are panic selling for no real reason.
Volatility can sometimes work in your favour if you're on the right side of the trade. It is my opinion that buyers today are on the right side of the trade
Take a deep breath. Enjoy your family, kids and friends and let the magic of time work in your favour.
Time to go fishing!