I've been waiting for Russel and then expected to wait for volume stability (return to the marginally liquid trading of 300-400k a day) to get a feel for how it all might boil down.
It seems the 60s is that place.
Obviously, AugQ2rept could well land as a brick, and while at first glance I can't see a good reason to be excessively exposed to that day, the flagged PIPE (or so it seems) adds only nother layer of variability to the matrix (not the Matrix(TM)).
Given the end of month proximity and the rhythm of the ATM to date, it seem perhaps they dumped 1-2m shares ito the fray for some $1.7mish.
I'm amending my ATM gues to a total of $7m to date, which on the back of a 10% Q1toQ2 growth and same Q2-Q3 rate and a NBD of $3m keeps the lights on to Q4 (with hopefully another $6m in NBDs).
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