1. Wait to raise The market knows a CR is coming, so any good news on sales will be tempered by that knowledge and sold into, keeping the SP at a lower rate until after the raise is done. Hence the dilution will come at a low SP anyway.
2. Raise now Get the CR out of the way, take the hit on dilution now, remove the risk of a CR at silly prices if the sales don't eventuate, and any good news can be fully recognised by the market, allowing the SP to rise as there is no CR overhang.
