White Deer probably went along with the r/s but there's no way they're going to go along with a share offering at a 40% discount since the r/s. Unless of course their the ones buying the offering and increasing their holdings of EOX more than the 25% they already own.
Even the slightest rumor can move this $2 in a flash... it's crazy. This thing has swung over a dollar up and down on less than 30k in after hours.
You know it's buy time