to take up the rights issue or not to?

Just curious what everyones thoughts are on the rights issue. Ive had the form sitting in front of me for a couple days now and Im completely undecided. I do make a point of taking up the maximum possible in rights issue as in the long term they always worked out well for me.

Although this time im reluctant to pore more money into this, especially since they have been taking out full page ads in the newspaper trying to drum up support. Not a good sign!