There probably won't be a significant SP climb for anywhere from...

There probably won't be a significant SP climb for anywhere from 12 to 24 months. And IMO 12 months is being very optimistic. Longer-term I definitely see the potential for a good SP climb in the multiples of the current price, but until then it's about holding nerve and weathering the storm of a skeptical market.

So yes, a drop in the SP to 2c after this CR is certainly a possibility. People will lose patience or may just need to free up cash for something else, and want to get out.

Remember the SP and therefore market cap is a reflection of how much the market believes a company is worth, considering current and future revenue streams. LTR has great chops on paper, but there are still many (addressable) what-ifs between now and actually turning a dollar.

Having said that, if you do believe there is significant upside a year or two from now, getting in now means having ticked the box for the CG discount if-and-when the SP does climb.