The Real Wojak :
Yeah that’s because they never adjusted for the reverse split goofy. Not to mention the 19M new shares of dilution. So divide the $300 PT by the 1:100RS that gives you $3.00 but that was when the float was only 1M not 19M. Fair price is like $0.15-$0.20 based off that prior analysts valuation. But the earnings report was good so maybe double that. We’re talking like $0.30-0.40
The Real Wojak : Yeah that’s because they never adjusted for the reverse split goofy. Not to mention the 19M new shares of dilution. So divide the $300 PT by the 1:100RS that gives you $3.00 but that was when the float was only 1M not 19M. Fair price is like $0.15-$0.20 based off that prior analysts valuation. But the earnings report was good so maybe double that. We’re talking like $0.30-0.40