@NotStewii Sure, but it’s underreported by all metrics so the gap in mnav you’re posting about to assets held is wrong. Anyways, good luck on the trade sir
@NotStewii also not 100% sure, they have not done a great job reporting. Also SG team adds another big layer of issues. I think the market is pricing these things in
@NotStewii You are not accounting for OS increasing by 10x between 2023 and 2024. Unsure how much has increased in 2025. They sold 10.6m sub amount in june, so if at market price, easily 3m+ shares OS. NFA