You can't analyze cyclical industries like that. My first purchase of ATH ( ever ) was at 0.15 in late 2020. I had solid reasons I bought it not some wild random gamble; speculative but based on the premise that WTI was going to $70 which it did.
The balance sheet looks great, but they're diluting the stock to pay off debt. They issued $350 million warrants in October:
https://www.globenewswire.com/news-...tes-due-2022-and-an-Amended-and-Restated.html
I have no clue how many are outstanding.
