"ordinary shareholder being done over in favour of the 'sofisticayed', 'professional', and 'institutional' bunch."
I would doubt that the Directors would be buying in with the next tranch if this was to be the case. Sure a few may have sold or impatient long term holders who knows. However soon we are to be in some pretty good profits with this stock if all goes well. I think the measly .015c is nothing, not that sure these investors would be looking for such a measly move.
As for "but dislike companies that pull off these kinds of cap raisings."
This is one of the better style cap raises where we get to participate, most small cap stocks do raises so maybe you are better looking at stocks like BHP lols
Price of oil breaking out is going to be good long term, may see a little profit taking there but now the old resistance will be strong support.
SEA Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held