Of course one of the problems with the MMJ share price is that it is trading at a discount of approx 30% to its net asset backing because there is the spectre of a proposed capital raising in the short term which will inevitably be at a discounted price to the then share price.
To ov ercome this they need to either do a quick cap raise to new and existing investors (and dilute existing share holders) or announce there will be no capital raising for the foreseeable future ....
MMJ Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held