I agree that cap raising can be quickly sold off as a quick as the investment happened, but in this case I hope its a no, because too much news is to come to the market in the next few months so i don't think they will sell yet.
Today's ANN was price sensitive, but was similar drill than the last hence lack of movement with the negative sentiment in the market I did not expect much more without assays results, as they say time will tell, still a huge resource, but digging it out and bring back to market is becoming more of a question to me, maybe i need to do more research on the logistics.
If the Chinese and Klaus still are thinking of a take over I reckon the Chinese will hit them with a 500mil USD offer so a market cap of 600-650Mil AUD will be where they will try and cap it to at the end of the drilling program. Definitely worth more but I can't see any other country mining there.