Agreed.
To use the term 'due to market conditions' implies that news will arrive to improve the market, or there will be some on market buying. The former being good, the latter probably being bad in this situation. If neither, a decrease/hold in SP being worse for their credibility.
If you were optimistic, the fact that they are offering this only to current shareholders and in such small packages could indicate that this not a capital raising per se, but they were hoping to reward shareholders.
If news comes, I hope it is not 'token'. Worth a few bucks just to watch the story though hey?
Agreed.To use the term 'due to market conditions' implies that...
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