Unlike others in the sector Mya struggled badly to raise $5m when they wanted $15m indicating they will be coming back within 6 months for more funding for working capital imo. The capital structure with the vendors owning a majority of the stock will make the shares fairly illiquid until those escrowed shares become available within 2 years. Xro and Fln have yet to stop falling due to high valuations compared to revenue and expenses. I feel Mya will be perceived to be in the same situation when it relists .
MYA Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
