On the question of whether this can raise capital at a price higher than 2 cents - it absolutely can.
If you want an illustration on how fluid raisings can be; I suggest wandering over to the RGX board.
An example of retail punters getting dudded - not so the case here - As others have mentioned the previous presentations have been for illustrative purposes and there is a real chance 3 cents will be the new benchmark.
A proposition I am very comfortable with given the 1.8 cent price of admission I paid earlier.
MRY Price at posting:
3.3¢ Sentiment: None Disclosure: Held