You know how a rights issue works right? Since the ex-day those...

You know how a rights issue works right? Since the ex-day those who were offered rights have been able to effectively sell their rights shares by selling shares they already own in lieu. You don't have to wait until the offer is over and the new shares hit the account to sell them. No doubt there have been many who have sold since then until now and I don't see the issue date likely to have the kind of selling pressure that you are presuming.