They are trying to raise a million, the other million is...

They are trying to raise a million, the other million is underwritten . At four tenths of a cent , it is way out of the money as the stock is trading on market at one-tenth to 1.5 tenth of a cent . The cap raise is at 3 times what it can be bought for on market.
The company may try to fill this. But public shareholders would be crazy to subcribe to this .Very low volume is going through the market , post tax-loss trading on 1 July 2024.