RE:2nd Tranche Closeshey greenday, this is what happens when the stock market loses confidence in a sector (ie. chinese stocks)....they have trouble raising money and may find it difficult to close an acquisition....that's called "direct impact"; do you get it now?
in GRE's case, they were supposed to raise $6 million and have only raised $1.8 million; the 2nd tranche was incredibly weak imo...not exactly a vote of confidence