12m "old" SOI after the consol, many of which would be set from the 3.9c RTO funding. Also saw some liquidity in the mid-3s when the RTO re-listed.
$1 IPO price is 4.2c equivalent. So the sp could fall ~7-12% before the old money is no longer in profit. This also assumes most of the money that was set in previous, cheaper raises, exited when the RTO re-listed.
Not expecting to see too much liquidity <$1 but could be a handy "add" for those looking to increase their exposure.
BGD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
