shortsighted management

I'm disappointed that the management weren't sophisticated and smart enough to delay the capital raising until after this weekends Labor conference.In my opinion, the announcement curtailed a rising share price - possibly from investors building positions in advance of this weekends conference. The rise stalled after the announcement of the terms (35c a share) of the SPP and now pre-existing shareholders will miss out on the full effect of today's news. Pretty clumsy work from people who should have known better. Bottom line is - it's cost me money.