Nov. 14 at 8:44 PM
$CATX Presentation is accurate, they don't need to do an offering, they already have an ATM program of 250M since August 2024. They used just 10M on January this year. So they could put shares on the market whenever they want, but I don't think they would do it at this price, or at least I hope so.
Until the last quarter closed they didn't do or it would have been comunicated.
Volume vs price movement is very strange in the last days... I don't want to think they are alteady putting shares on the market... If they would raise 30-40M, at this price we should have been diluted at 15/20%, so we should review our target price to sell.