RE:TradeI'm pretty sure that well dried up. This company is in breach of their covenant and my guess is that they will be offered peanuts for any assets they sell. They also only raised half of the 20m in the financing and it almost certain private placement holders will dump their shares when the month is holding up periodically expires.
Contrarian333 wrote: Still think there is a trade to be had here in a relief rally off of news of financing and/or non core asset sale.