Ann: Capital Raising and Strategic Stake Expands Growth Strategy, page-69

Have just read a super interesting articles

https://www.livewiremarkets.com/wires/beware-wealth-destroying-capital-raisings
To quote from the article:

And thanks to emergency capital raising reliefrules introduced by the ASX and ASIC on 31 March 2020 (allows issuers toselectively issue 25 per cent of new shares provided placements are accompaniedby a Share Purchase Plan (SPP) at the same or lower price), those capitalraisings are now flowing thick and fast. Our contacts at the major investmentbanks tell us there is a tidal wave yet to come.

Form a corporate governance perspective when alarge placement can be made to one or a small number of investors selected byan investment bank and a subsequent SPP is inconsequential, retail investorscan be shafted. But it’s the circumventing of our takeover rules that shouldhave investors even more concerned. Australia’s takeover rules prohibit aplacement of more than 19.9 per cent to any single or associated investor. Ifhowever the investor acts as a sub-underwriter to a subsequent entitlement offerthey can land on a stake of more than 20 per cent without being required tobid.
Secondly https://www.minterellison.com/articles/how-an-off-market-takeover-bid-works
To quote from the article:

In a hostile off-market takeover bid, thebidder will typically approach one or more major target securityholders on aconfidential basis to seek to purchase target shares up to the 19.9% limit. Apre-bid stake is important for a hostile off-market takeover bid as it givesthe bidder momentum and reduces the possibility that a third party will make arival offer for control of target.

What I take from these two articles is the following:

1) As retail investors we are in the midst of being shafted in a large raise so that a significant share in NOV can be acquired by a large investor/institution off market.

2) We are in Phase 5 of a 6 step process to launch a hostile takeover of RKN.

The "strategy" component of our investment in RKN may not actually be what we are acquiring in the form of shares in RKN, is it possible that there will be a subsequent raise to finalise a hostile takeover in RKN which will then bring on as a new strategic investor with a LARGE direct intertest in NOV?

Or have I completely misread the situation?