Dis
Your aritmatic is good in normal times 2.58 is right.
These arn't normal times at all.
They dropped the price 20% BELOW the book build minimum and still came up $50 million short.
This will rattle everyone even those who took up stock in the bookbuild.
I would expect a big run for the exit when trade resume.
For my guess I expect it to close below $1.50
Any other estimaes??
