point 2 (purely debateable)......the market cap is only of investment grade when divided by the number of stocks issued, at 7 billion compared to peers or even lesser non-producers, how is lko an investment grade? What exactly would the sp need to be to make it attractive to instos?
point 3 aside from the recent rise in price, where is the evidence that there has been a substantial demand in the stock prior to it lifting? where are the footprints of the smart money? would 400 million stock attract fast liquidity or would a 7 billion stock attract the same people who move price ?
your points are good points, however, think as a trader whom is on the other side of your trade rather than just flying the "i'm already in super cheap" flag
it's a trade in an auction ......
i'm not a holder, never have...... if someone wants a stake in the play, Armour is a proposition to consider at 51%
while a huge dilution of value has limited real at-market bearing as a function on any given day, i think this is an important moment to consider risk as it actually exists