Bad during the short term and good for the long term?The bad news is that it was bought at $2, significantly lower than the current price. So does this mean that stock prices will correct to around $2? They do have $25 million more in the bank now... so that's good news for investors.
interview of the ceo coming out and this investment news coming out on the same day. They just received $25 mil of additional funding.. why? Likely they raised the investment capital to fund large projects and new ventures. interview coming out and this investment coming out on the same day.
Positive vibe about the road Ottawa will take with recreational marijuana? Are they funding new projects? Raising funds needed getting ready for recreational marijuana?
Can others commen on whether this dilution is good or bad?