Going up Think about this. The share price rocketed from 10 cents to 92 cents on the health Canada news. The share price then gets walked down to 35 yesterday. One day later, a 32 cent placement is announced. The participants are hopefully insiders rewarding themselves (rightfully so).
This placement is at a reasonable price considering it was just 10 cents five trading days ago. There is minimal dilution and no further near term funding concerns. I predict the share price will go green today and this placement will close rapidly.