in reality, CMT has sold down on very low volume. that 43% drop day was done on a $450 trade. its just that no-one has put in their pockets to spend a few grand to move it back up.
Personally i'd be happy if they just threw in the towel, sold off pandora at $1m/%, gave them the onshore for free and returned the money to shareholders. that would still be a 400% gain from today
Will Pandora remain stranded?, page-20
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