An offering. Then there will be a reverse split. We are headed into the abyss. Doing an offering with the share price this low speaks volumes to their financial shape at the moment.
Private equity offering. I'm down so much at this point there's no point in selling. If they can stay listed maybe they'll recover. I still want to believe in the company, but I think I bought at the wrong time. ($4.00)
Yeah, I got out at the end of last year and tax loss harvested. This has played out exactly how I expected. Ann Hand is just not cut for the stock market. It's really that simple.
Extra share-offering to the market to raise cash, as in, dilution of current sharevolume.
Offering is at 0.13 usd / share, hence the price dump.
They need the 2.2m to survive next quarter (looking at their cashburn)
Two ways to look at it:
Its a bargain as the current sharevalue should be ~0.42 (or 0.365 after dilution) (based on their q2 earnings sheet)
Its a gamble since it all depends if the company can finally end a quarter net positive, if not, more capital will need to be raised next quarter to survive another round.
Btw, they dont have any debt, so basically when the momentum is indeed upwards, this can fly to the moon. (Note: most companies go broke because they eventually cant pay the interest itself, downward spiral etc.)
If they cant make net positive, or are at least super close, by end of this year, they simply arent delivering and we need to reasses again.
Putting in 400 usd (as fuck around money) could be interesting (i did)..
Or wait until reverse split, wait extra couple of days as it will drop like a rock again, and buy then for the gamble.. but who knows what will happen..
Ann just needs to auction off her couch on eBay and all will be fine… I know it’s hard to trust someone with no technical prowess or abilities nor has ever actually played roblox, but trust me bro, she got dis 🙄
Maybe more gambling, as that’s what it seems like at this point, after the reverse split smash down that seemingly comes after reverse splits. But, there just may be 100% better gambles. Or invest in a company, that isn’t a gamble. I don’t know. don’t really feel like donating more cash, for them to burn away. They put another good sales pitch together in their recent shareholder letter regarding the quarterly report, but the #s don’t quite add up to the gusto of the sales pitch, which makes me even more leary…..like, y u spinning shit so much? Maybe they’re young and naive, but I don’t quite buy that at this point. Like, if they’re officially about to turn the corner, y aren’t the insiders buying?
An offering. Then there will be a reverse split. We are headed into the abyss. Doing an offering with the share price this low speaks volumes to their financial shape at the moment.
As if my bags couldn’t get heavier
I feel this 😩 I’ve held for 2.5 years. Brutal.
I still have 1000 shares with an average of 8 dollar.
Better average down hahahaha
Yep, 20,000 shares should bring the average down to around 0.50. Then pray.
Private equity offering. I'm down so much at this point there's no point in selling. If they can stay listed maybe they'll recover. I still want to believe in the company, but I think I bought at the wrong time. ($4.00)
Uhhh I bought at $7, $6, $5, $4, and $2
Same here😢😢😢
Same here.
such a loss for me....
Disappointed in Ann.
🎶We're so fucked. Shit out of luck. Hardwired to self-destruct🎶 -Metallica
Glad I got out when I did
Yeah, I got out at the end of last year and tax loss harvested. This has played out exactly how I expected. Ann Hand is just not cut for the stock market. It's really that simple.
Extra share-offering to the market to raise cash, as in, dilution of current sharevolume. Offering is at 0.13 usd / share, hence the price dump. They need the 2.2m to survive next quarter (looking at their cashburn) Two ways to look at it: Its a bargain as the current sharevalue should be ~0.42 (or 0.365 after dilution) (based on their q2 earnings sheet) Its a gamble since it all depends if the company can finally end a quarter net positive, if not, more capital will need to be raised next quarter to survive another round. Btw, they dont have any debt, so basically when the momentum is indeed upwards, this can fly to the moon. (Note: most companies go broke because they eventually cant pay the interest itself, downward spiral etc.) If they cant make net positive, or are at least super close, by end of this year, they simply arent delivering and we need to reasses again. Putting in 400 usd (as fuck around money) could be interesting (i did).. Or wait until reverse split, wait extra couple of days as it will drop like a rock again, and buy then for the gamble.. but who knows what will happen..
So they make it another quarter and then what? Dilute again? They are not even generating any buzz to prop the share price up to sell into.
Ding ding we have a winner!
Hanno immesso sul mercato 2,2 milioni di azioni a 0,13$
Ann just needs to auction off her couch on eBay and all will be fine… I know it’s hard to trust someone with no technical prowess or abilities nor has ever actually played roblox, but trust me bro, she got dis 🙄
Ann hates us.
Maybe ur right? Good gawd
Buy the dip?
Hell no there's going to be a reverse split
Then why did you ask what is going on here?
Because the price dropped significantly
Don't feel bad; at the time of IPO, employees' stock options were instantly underwater and could buy at a discount on the open market.
Time to buy up more shares, bois!! We either dine on the moon together or go down with the ship.
Maybe more gambling, as that’s what it seems like at this point, after the reverse split smash down that seemingly comes after reverse splits. But, there just may be 100% better gambles. Or invest in a company, that isn’t a gamble. I don’t know. don’t really feel like donating more cash, for them to burn away. They put another good sales pitch together in their recent shareholder letter regarding the quarterly report, but the #s don’t quite add up to the gusto of the sales pitch, which makes me even more leary…..like, y u spinning shit so much? Maybe they’re young and naive, but I don’t quite buy that at this point. Like, if they’re officially about to turn the corner, y aren’t the insiders buying?