Ann: migme signs MOU with Meitu and raises $6.99m, page-6

Seriously??? Mate I would think that the move down from 99c to 35 or so in a little over a month was based on a large holder exiting and herd mentality or panic!
Liquidity was always the issue with migme as I reckon the typical aussie investors has generally struggled with the concept of how they monetise and the scale of what migme is developing. Last few weeks was simply a gift for those who saw the the opportunity and it arrived at rather a bad time for migme management because otherwise I have no doubt you would have been seeing this raise done at over $1.

It's not even about the raise price to me anymore ( happy to keep our coffers swolen) but rather the the synergy between the two. This is a massive strategic agreement rather than an investor placement.

Let's see where the next few weeks takes us ...