Even well run companies raising funds for perfectly achievable expansions/acquisitions etc fall below the CR price in the vast, vast majority of cases. SAS and their "hold my beer" moments of the last 2 years will be decimated on open, which will at least give most reasonable holders the opportunity to exit with something. Unfortunately they are unlikely to get that opportunity.
SAS Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held