PP of 10M shares @ $1.50 closed with over-allotment of 1.5M shares. Insiders participated in offering. Company is trading at deep discount to $9 ipo price. Additional capital raised in the offering alleviates working capital concerns that auditor raised at IPO that tanked the price.
Stock trades thin. Looking at a short term swing towards the 50MA.
Сделка закрыта: достигнута тейк-профит цена
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10000 shares @ $1.62 sold at @2.48. Will continue to watch.