Taal self imposed (?) trade suspension is weird. A possible…
Taal self imposed (?) trade suspension is weird. A possible 52% increase (?) in shares in next 3 years could theoretically cause downward pressure due to existing holder dilution. Or cause upward pressure for rush to increase their holdings to thwart this.
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Could the upward pressure really be that great as anything north of existing $5 makes the new $4.6 seem even more attractive. Conversely anything south means the new offering will bomb hence the dilution won’t be that bad. Let’s see what tomorrow brings.
If the suspension was based on volatility of price moving north then why did “I’m all in on BSV” Cal even allow this offering when he could have scooped the offering himself. So complete guess here, it does seem like pressure is south. Sigh...