Rather than assuming blatant market manipulation, it’s possible...

Rather than assuming blatant market manipulation, it’s possible that retail investors are selling out of frustration, feeling that the capital raise was unfair. This perceived inequity might have led them to exit their positions out of anger and a lack of confidence in the short-term outlook.It appears that management was pressured into the capital raise by a fund manager who is also an existing investor. While management may not have been entirely supportive of this decision, they might have felt compelled to proceed to satisfy this influential stakeholder. By raising funds now, they could also preempt a potential decline in share price if no further news emerged. Additionally, leveraging Bell Potter’s support might encourage broker backing and renewed research coverage on the stock, potentially helping to bolster demand in the long term.To be clear I am not happy about this Cap Raise but i do believe that we will all be handsomely rewarded in the not too distant future.