The FDA released a hold on trials. Institutions own 32% and are buying. Insiders selling. The float is 28% short. It is an Indian story on both sides of the ocean. Cantor will underwrite and dilute 15% of the equity. Up 25% intraday. Down 20% after hours on the Cantor news. 25 Feb call scheduled. The moon is a balloon.
$ in millions, except access points | 2021 | vs 2020 | ||||||
Global Points of Access | 10,427 | 25.0% | ||||||
Sales per Hub (U.S. and Canada) TTM | $4.0 | 14.3% | ||||||
Sales per Hub (International) TTM | $9.1 | 42.2% | ||||||
Ecommerce as a Percent of Retail Sales | 17.2% | +130 bps |
An irresistible tale that begins in 1852 with Mr. John Henry Davis, a Welsh mineralogist, who discovered gold in Krugersdorp, South Africa, was relieved of the gold for $22,000 in today's dollars and escorted to the border with the thinking that the information of the find needed to be suppressed to preserve the nation with the act of escort ensuring that it would not be leading to the Boer Wars.
Witwatersrand stood on the foundation of Nubia with the 79th element in the periodic table that was converted at a fixed rate to paper money to avoid folly until folly was the choice during the Nixon Administration.
Refreshing that when confidence wanes in risk priced to central bank printing presses and other forms of specie the appeal of the 79th element remains.
A capital structure drama.
The investor adds capital to include warrants that can be exercised at prices multiples of the market price of 7: 14,15,18, 20.
Of the 32 million shares outstanding 12 million are in the hands of the investor group. The float is nine million of which half are short.
$2.25 billion in market cap. On average 30% of the floats short, $600 million bets against. A whisper to cover in a market expected to quad faster than the quad
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