Maybe someone just thinks it has a chance of a turn around.
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I doubt if buys are WSS related. Judging by Nyuni, I think we will be giving that away also because we have no bargaining power due to the balance sheet, market cap and upcoming commitments.
I think we would be lucky to get $1 million cash for it. More likely we sell it for one dollar to avoid the commitments.
I am encouraged by the buying but am yet to see a tangible reason for a turnaround.
KEY Price at posting:
3.3¢ Sentiment: LT Sell Disclosure: Held