strange market depth, page-6

"How do people think the new shares coming online will influence the market?"

Quoting myself from a previous thread:

"I don't think the 25% dilution due to the rights issue will have much of an impact on the sp, considering the money raised is going straight in to money making assets and likely further increasing their stake in these assets. Plus if holders were after a quick dollar from the rights issue they should have sold the equivalent amount of shares already while the sp was up at 10 - 12c rather than wait for them to be issued. Also there has been some massive buying/volume around 10c so should be good support at these levels. I foresee the sp staying around 10 - 12c till the sale/JV announcement on the windfarms in Scotland or more news in regards to oil/gas projects(sale of Wardlaw Project). With that said I am sure that an announcement in that regard will not be far behind, or prior to, the rights issue shares being distributed. All imo of course DYOR."