@Moscow101 bears on this are either purposely trying to bring the price down for their own gain, or were expecting immediate price action. All signs point toward it settling at around .21 then either gapping up back to pre-offering levels, or slowly climbing, but eventually surpassing those levels. Whether it'll make it before Dec 31st or not, still TBD. It doesn't change that, if you ignore the market cap/stock price, the company is, itself, on an upward path.
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@hotchalupa @Moscow101 yeah enterpise value is 228m with out a reserve split that would put the PPS at $1.21 they currently have the worst vaulation compared to their peers. They also have the most debt compared to cash on hand.