ASM Chart Thread, page-625

For me the majority of my shares were bought after the demerger, I have been accumulating all the way up to high $5s. I am currently at a loss so buying now and purchasing my allocation will bring down my average price. Not too concerned as this is one company I am happy to bottom drawer. I do have another trading account with approximately 5,000 shares so happy to sell them when they provide a descent profit.

The drop in price to below the raise price IMO is just pressure to keep the Company from raising their full rights allocation. As mentioned by @Eintracht I suspect there to be alot of downward pressure and volatility in the price until the expiry of the offer period.