Contributor Since 2017
Finding value in the sea of sand.
Sadly ycharts doesn't allow to show the AS development.
But you see AS grew by ~56% from 450M to 700M since 4Q18.
$0.50 x 450M AS = $225M MCAP-AS in 4Q18 implies a same value of $0.32 at 700M AS today.
However, last fund raising via toxic convertibles happened 15% below market price and at $0.30. Last two TO's in the range of $0.20 - $0.26.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.