ndl3ss, since you ask,
Shares issued 336,582,351
Loss of $220M = 220/336.6 = 0.65 cents per share
Value pre-announcement $6.05 (probably already factoring in a loss via insider trading, high was nearly $9).
Fair value might be $6.00 - 0.65 = $5.40
If 6.05 was a fair pre-announcement price than $5.4 would be an upper bound as there is increased risk due to (i) lower cash reserves/risk of recap and (ii) manager risk as they have demonstrated that they cannot write contracts properly. Ooops.
ndl3ss, since you ask,Shares issued 336,582,351Loss of $220M =...
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$5.77 |
Change
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Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 27 | $5.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.60 | 43 | 2 |
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