The fact that this is an RTO play, rather than the traditional 20c IPO, gives it a major advantage.
The fact of 7c as relisting price gives it more of an psychological affinity to get this pushed to double digits.
If there is on-market support at the 7c mark on relisting date, then holders may see this go up on strategic newsflow.
EV is certainly attractive, not to mention huge cash position.
The fact that this is an RTO play, rather than the traditional...
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