Not sure what you saw... I sold out of it all this morning after I read Sept 30th 10-K, since it mentioned that they will have to secure more financing than they have currently going forward and they are searching for alternative sources. I'm worried a secondary offering is on the way.
Not sure what you saw. They didn't release their 10-K on September 30. They did, however, release prelim 3rd quarter results where they said: "As of September 30, 2013, the Company had a cash balance of $67 million and additional available cash resources of $40 million from the undrawn portion of the Ecobank term loan facility."
There is no chance of a secondary at these prices and no need for one.