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MerryMart (MM) should raise more capital for expansion as shares rise

MerryMart (MM) share price has defied expectation rising 660% from its initial public offering price of 1.00 Pesos.  The crowd of retail investors drives the meteoric rise of MM’s share price. MerryMart raised 1.5 Billion Pesos from the public offering.  The retailer aims to use the proceeds of the public offering to scale up operations.Continue reading “MerryMart (MM) should raise more capital for expansion as shares rise”