Post by
BSdetector2016 on Nov 06, 2023 1:56pm
The Market can behave stupidly at times
This is one of those times. Solaris has told shareholders that there is an imminent off-take agreement coming (with likely little or no dilution for existing shareholders). Instead, the market keeps on selling it off as if the sky was falling. Given collective market stupidity, the stock will likely continue to drop until the off-take is announced and the deal closed. Blood in the streets is right now.
Comment by
savyinvestor333 on Nov 06, 2023 4:58pm
Or the market felt the sale process was not finding any takers so they are on to Plan B
Comment by
Pears3250 on Nov 06, 2023 7:01pm
They even failed to secure an offtake as well