no doubt this is being price managed. Been enough volume to clear out dead wood, so now it traders and market suppression for the purpose of getting a good price on a CR or TO offer. Nothing can be done about it by retail investors (although sometimes wish (naively) that the ASX would actually stand up to their "free and open market" pledge by stamping out this rubbish, but then that would shoot their business in the foot, so self interest will prevail).
So, if you're fortunate enough to take advantage it, make hay while the sun shines (not advice BTW). Sooner or later the economics will prevail.
What I am most interested in, and hoping plays out as per results to-date and reputations, is that the board manages the market best they can, does what they can to get money in without dilution and extracts full value out of any offer. Pretty happy with the team in the corner for this, so we'll see.
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