Jun. 4 at 12:52 AM
$SLE We now have two super strange recent activities that make no sense on the surface. Back in October, Evo Funds and other instituational investors invested
$20 million in capital at a price of
$12/share. Why would they do this when the current market cap is only 25% of the amount invested? Then, SLE acquired Misfits and half of the equity stake that Misfits was given as payment came as an option to buy at an exercise price of
$18/share. Why would they do this? It is so very far from the current price. What do these parties know that we don't?