Ann: Entitlement Offer - Extension of Closing Date, page-54

If you are buying shares on market at a 7% discount to the CR price, you better hope you bought the shares from someone who is selling to raise cash for taking up their entitlements.

If everyone buys on market at a 7% discount, there is a good chance the value of your shares will drop by more than 7% if the CR fails and RFX ultimately raises any shortfall via more dilutive means.

I would hope the reason the SP is languishing below the CR price is because most buyers are taking up their entitlements. A buy/sell demand imbalance.

If you are taking up entitlements, you are investing. If you are buying on market, you are trading. Everyone can make their own choice.