They think we are stupid...They are saying that the interest was so high that we increase the offering...come on! Usually when the interest in an offering is stronger than anticipated the price will rise not only the number of shares. You don't dilute more your share base at 7-8% below market price. Honestly, I've been a shareholder for 8 years and the management team has been top so far but this financing is a first strike.
Back to $2.70 in the coming weeks (opportunity?). However, I like the acquisition for long term and the share should go back to $3.50 or above in a year.
Good luck