Think soon the final flush (with more FUD) as ICO participants can no longer take the pain. Then become super interesting w/ the ball in the team's court: - Capital allocation transparency - IR strategy & guidance-setting, codifying value-capture - Shipment of impactful products - Big collab & press At current price w/ 25% buyback & 30x burn it still trades expensive vs. $BONK @ 11x burn tho (and $GP at 7x). If you want to paint the bear case $PUMP could trade down another 60% from here -- but think unlikely given (a) team would almost certainly act and (b) bidders will show up as a blend of Circ cap & FDV trades close to 1.7 Bn cash-pile (would argue it's already there at 0.002-0.0025
MapleLeafCap
MapleLeafCap22.7. klo 12.56
fwiw think there's cascade risk to PUMP towards 0.0025 - 0.003
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