One thing for sure, they seems to be desperately trying to fill...

One thing for sure, they seems to be desperately trying to fill the placement. Emailing me everyday like they're selling viagra.
I wont be taking up the placement for various reasons.

Generally when the SP is under the cap raise price it may still be attractive to a big buyer as they simply couldn't get enough stock on market without sending the price higher. Given this raise is so small i cant see it being attractive to anyone. When you could have bought 23million shares at market below the cap raise, you don't need to be a brian surgenoust to leave this one alone. Market is on to this one.