And, discovery4, you appear to be one of those clowns. Raising...

And, discovery4, you appear to be one of those clowns. Raising Capital is NOT the same as a Capital Raise. Here is how the ASX define the technicalities of a CR:

A placement is an allotment of shares made directly from a company to investors, to raise equity capital. Only Sophisticated, Professional or Experienced Investors (as defined by The Corporations Act 2001) can buy shares through placements.A pro rata entitlement offer means a company’s shareholders are entitled to buy more shares in the company on a pro rata basis. A 1-to-5 offer for example, provides an entitlement to buy one new share for every five currently owned.A renounceable pro rata entitlement offer means shareholders can trade or sell their “entitlement” or “right” to buy shares in the capital raising to other investors. A non-renounceable pro-rata entitlement offer means shareholders cannot trade or sell their rights to buy shares in the capital raising.A Share Purchase Plan allows eligible current shareholders to buy a capped amount of shares in a company’s capital raising at a pre-determined price. SPPs are often used alongside a placement in capital raisings. Retail investors buy shares through the SPP and institutional investors, such as fund managers, buy through the placement.An underwritten offer is one where a party, such as an investment bank, agrees for a fee to buy any unsold shares in an equity capital-raising offer.