clearly they want 20c and no consolidation...

Given this scenario, they will want to see the shares trading around 25c at the time of the capital raising...

This is to ensure a comfortable margin in order to attract the required interest.

In case you are wondering who "they" are..."they" are just about everyone involved with the comapny in any way.

Rarely do you see a scenario, where so many people stand to benefit from a rising price...especially during time of corporate activity.

It didn't fit my trading profile yesterday...but with the increase in liquididty, I've been all over it like a rash today.

Cheers!