SDL sundance resources limited

Ann: SDL Signs Agreements to Raise A$40M via issu, page-2

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    re: Ann: SDL Signs Agreements to Raise A$40M ... Am I missing the gloom here. It appears to me that they are lining up all the ducks to forward the project. They needed money so this raising was not unexpected but they have managed to secure a major partner in Noble to help them get the product to market and I assume Blackstone and DE Shaw will be involved with the finance of the project. Who's buying all of the shares today because there still seems to be a lot of buyers for all of the gloom?
 
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