RE:Placement closingDundee will probably fill the greenshoe. They did the last time around. Now that the financing is closed I expect TMD to start moving back up. A lot of the people involved in the financing have been putting a lot of pressure on the stock price recently because they've been dumping out the paper they currently own for the new paper with the free warrant.
Should be $2.40+ very soon.
On a slight aside, look at the haircut Intuitive has been taking lately!