You need to remember that existing shareholders have been deeply let down by previous management teams and are probably down on their original investments so it's no surprise to me. However, the company clearly has financial backers which is really what matters and that gives me hope for the future.
If management can demonstrate they are competent they will get the respect they deserve and I suspect this will be reflected in the SP over the coming months.
Ann: Results of Rights Issue, page-4
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