Downside risk and recent Capital Raise

The events leading up to the recent price capitulation in my view are linked to the capital raise. In my opinion the investors have chosen to de risk; already have a significant exposure to SHN. Announcements triggered the buying and selling and I am trying believe that this was not a staged de risk but I keep looking at the market action and the assets. Are the assets still high quality? I would surprised if there is not positive news to come that would make the last week a blip. My thought is that from the mid 2c range is an excellent consolidation price.