What discount will you need for the next CR?

As of today, the share price is at a new decade low of 12 cents (or 0.6 cents in the old money). Given the current burn rate and borderline nonexistent revenue, another round of capital raising is all but inevitable. While shares purchased on the previous 10 cent CR are still technically "in the money", I doubt anyone who has held on to their CR package is currently thrilled with the share price.

So, my question is: what price will you need to jump on board for the next CR? I can imagine the board offering around 7 cents (and then hoovering up a bunch for themselves, because that's what our board does).