another note... i think MNTA has decided not to let the dust settle on their shoes and is moving to raise cash to get other 'promising' drugs into the clinic in a timely manner i.e. partnership.
This offering should not (necessarily) be viewed as a negative event.
link to previous financing: #msg-41777300 4,000,000 shares at a price of $10.75 per share on 28 Sept / 2009
The creation of a thousand forests is in one acorn.