i am a little surprised by this outcome if I'm honest Pharvest.
All the postulating by mark about no capital issues and is against dilution and yet here we are knee-jerking into a raise at a discount. it does speak to his credibility a bit which is not the first time in my opinion.
like you i was hoping for a more creative short term financing solution. even a convertible note would have been better as we may have been able to repay. or deposit for a customer... so many options.
anyways. still a fan but would have liked better news.
on the flip side it seems to be an easy source fo money - just shuts me that these same instoa will get their 20% profit and likely dump for profit. hoping they have some caveats and he has selected long term investors.
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---|---|---|
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Price($) | Vol. | No. |
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11 | 94495 | 0.390 |
11 | 113488 | 0.385 |
15 | 171972 | 0.380 |
4 | 51606 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 35984 | 8 |
0.405 | 106853 | 6 |
0.410 | 18450 | 3 |
0.415 | 20807 | 4 |
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