the valuation appears to be rubbish to me, they have assumed that all the shares get issued at a 20% discount to 2.8c
that being said it appears the opportunity for HTX to raise some much needed new capital at 5c+ level is diminishing by the day
i'm still 2x my entry price so happy to hold for now
those who bought at 11c+ however will be hurting
not looking good !, page-2
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