It probably won't go under the rights issue price of 78c. If it does, a reaction would probably be triggered and a rally back to 85/87c; subject to further (positive or negative) developments.
Not much should change with VCR's business progress unless they run out of money. That's why it should hold above 78c.
Another capital raising would kill their sp for sure, unless full-scale sales was imminent ie. not trials money, not reimbursment money; but full production of and proper sales & distribution of the LVADs.
VCR Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Not Held