Stupid questions maybe, but given all the talk of a capital...

Stupid questions maybe, but given all the talk of a capital raise, why wouldn't they of raised more at the time of the last raise, given it was not long ago and the consensus was that it was successful. Wouldn't that have added much more value for shareholders instead of double the dilution? How would rasing at half the price of the last one good for shareholders? Given the last one was so popular with insiders and the GTT boys, wouldn't they have been better off financially waiting and taking part in the this hyperthetical raise?
I'm really amazed at how the sentiment on here has changed here and and to such an extreme, so quickly. I really hope all this doom and gloom has little to do with the GTT stink as others have called it. Surely a raise now would see Charles needing to really consider his position and the companies whole relationship with GTT.

DYOR. My opinion only.