re: Ann: Emerchants Completes $7.5M Capital R... I dont know if the market likes the capital raising per se.
I think the market likes the fact that existing insto's wer ekeen, new insto's got involved and the end result was an oversubscribed issue.
I like this like from the announcement: This is a significant milestone and achievement for the Company. emerchants does not envisage
needing to raise any further capital prior to becoming cash flow positive.
It shows managements confidence of becoming cash flow positive very soon....
Ann: Emerchants Completes $7.5M Capital Raising , page-8
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