I'm predicting the capital raising will be substantially...

I'm predicting the capital raising will be substantially oversubscribed do your own research and you will find away from Hotcopper sentiment is very positive acknowledging risk, at the same time there is plenty of dry powder waiting on the sidelines for entry after a JV,
there is different tiers of investment in microcaps the first is the initial investors made up of boutique funds,mums and dads,retail,quant traders,banks with spread risk,gamblers,people who are down and out hoping for a powerball win,next is the investors who enter only when a deal is on the table,then comes 100 mill market cap where an influx of brokers enter with the rule the company has to have 100,ill mc before entry thats how SP can overshoot all the time FOMO investors are in the background.We will see if it pops meanwhile "speaking to myself" look out for any other opportunities or if you can't stand the heat concentrate on the ASX 200