offered shares in capital raising

I got offered some shares in the capital raising

I am told that its 2.2cents (unless there are some last minute changes). Was hoping that some options coud be attached as well but there were none. I am told that the company is seeking minimum of $1.5million and I assume that if there are "oversubscriptions" then the company would take it on board.

Thinking about a trading position like $10k-$20k.

I admit that holding long term for MAE carries huge risk and the negatives outweight the positives unless there is a fundamental change.

Capital Raising is offered to sophisticated investors under sention 708.