"I don't think they will survive !" If left to their own...

"I don't think they will survive !"

If left to their own devices, then yes.

But why wouldn't sophs continue to kick the tin when the likelihood of a price sensitive announcement coming out within a week is very high; allowing a quick 20% return, imo. Relatively low risk; most T20 holders are trapped at a much higher average. There is lack of liquidity to off-load a large holding without taking a massive hair-cut. Look at what happened to old mate's mate when he was a distressed seller.