Post by
stockpunter on Dec 12, 2022 3:56pm
prospects
It seems that there are plenty of buyers in the 0.06 range. Debt holders seem to think that they are more likely to see their money if they keep GBAR afloat.
The market cap is 9 million. 16 million worth of shares issued (max). So, roughly 3X dilution, share-wise? Speculative target was 1.50 before shitX hit the fan. So, now target is 0.50? That is, if (big if) they get back on track.
Nothing going to pop before Xmas, so I'm guessing 0.05 on tax-loss selling before then and maybe a post Xmas miracle.
Thoughts?