Good news making for a 33% pop for a bit on OTC. Topped at the 200 day MA and has since fell back to the upper BB. Staying above 0.126 makes this bullish, and might be considered as support until otherwise broken. Would be nice to see more volume today, like in the million plus range, although 680k is significant compared to trading of the last few weeks. News tends to take a bit to get out on this play, so may see more volume with possibly additional upside.
Fung did well at this financing. Looks like all interest and "added value' of this contingent value right is delayed until the arbitration award. The simple interest percentage amount and the contingent value right percentage will determine which way sp goes as there will invariable be informational leakage.
For a guaranteed big payday, well... as close as one can get to a guarantee, get in on this offering.