The units offering is not totally unexpected, it could be they see taking advantage of increasing share prices. With the improved financesand fundamentals the shares are bound to remain relatively strong.
Response Biomedical Corporation Announced First Quarter Results
Revenues Grow 131% and Expenses Reduced by 36% over Q1 2008
http://micro.newswire.ca/release.cgi...
Response Biomedical Announces Proposed Unit Offering
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES/
http://micro.newswire.ca/release.cgi...
