A successful cap raising can't be anything but positive for this stock. They have been short on cash for a very long time. Recent deals (with more to come surely) plus a good amount of cash in the bank and suddenly it's a real company.
I reckon the market is worried it won't raise much cash yet again and part of the low price is that it's priced for failure (i.e. very high risk).
A good cap raising and the risk will diminish and we can look forward with higher degree of certainty.
MTY Price at posting:
2.8¢ Sentiment: None Disclosure: Held
