FIFO is spot on. The only people who won out of this were the...

FIFO is spot on. The only people who won out of this were the ones cued up when it ran very briefly to 6 cents, then it collapsed the same day. Too many have been burnt for that to occur again. Those in the know would have been ready for that run. So if you want to double up to try to get your money back, that is a pure gambling technique. You see there are no buyers onscreen , What makes you think you can get out if you buy more shares?
For some time money has been sought off-market, on market capital raising is exhausted.
Before sinking anymore in here, wait & see if they can raise any more money off the market. If it barks like a dog it probably is one.