RE:Ok so now what?Beena already said it's for optionality so nothing solid yet but I am sure she's working on many plans. Who knows? As MJ heats up, more M&As, loosening regulations and more money flowing in, all you really need is sit tight hold on to your cash and look pretty, opportunities will come and we'll be ready to pounce them.
We don't necessaraily need MORE news every week for this to go up. The markets have not even properly responded to the stellar Q2 earnings. Don't' think they'll forget that. They are all just waiting for this fund raising to settle and get their positions in before pushing it up. Also, we don't need more news for the shorts to cover, which should be starting real soon if they know what's good for them. We had a completely successful fund raise just like last time, full subscription with 100% over allotment exercised - that is good. If there is no interest BMO would have covered from the market and not exercise the over allotment.
So all signs pointing up. Go get your 11% to pre-dilution level and just sit tight.