Why would you sell if the company is investing the $100M on something that will earn more money? Most are even keeping their EVN on their wallets for dividends so not much for sale soon
I'm definitely an EVN long term holder, but I wouldn't dislike sell higher and buy back lower after few hours to get more tokens or at least the same q.ty thus earning some cash for other projects...but that implies knowing/being informed about the exact time of trading opening.
For any serious projects (I'm not saying EVN is not) I could see official announcements stating exact day/hour for exchange trade opening, even showing a realtime counter for trading launch. It wasn't the same for EVN. I don't like the fact that investors have to seek information on the web about their tokens and related markets rather than being informed directly by the company they gave money to. Being cryptoworld business driven mainly by communcation channels, not keeping investors costantly up to date is in my view a lack of professionalism not acceptable for a 100 millions company.
Thanks
P.S.: That's it: while writing I received email from EVN informing that trading has
just started on Hitbtc (
just= 10hrs ago)...weren't they aware of that just before market opening? Why informing investors just after the market has already started? Did they forget? Didn't they have the time to keep investors up to date?