If they understood the Australian market and it is to be a...

If they understood the Australian market and it is to be a shocker as most predict (I am hopeful but not confident that they may be wrong) then it would be madness to release the 4c at anytime other than this afternoon.

That said if those who predict a shocker based on the credit raise are correct then how could the credit raise be "bad".

Surely raising funds for expansion and to promote the business plan before bad news hits is a smart play? Certainly would not be a lot of interest today at a price above 1c or so. Therefore surely it was better to raise before Christmas.