Normal logic is that the price weakens to the capital raise...

Normal logic is that the price weakens to the capital raise price. Sometimes there are exceptions or that weakness is only temporary.

Core's recent capital raise at $1.03 is one of the better exceptions regarding the length of time weakness continues. Their recent $100m trading halt and raise was on 30 Sept. Yesterday they hit an all-time high of $1.875 although at present they have given up all yesterday's gains and are back "down" at $1.64

Would it be too much to hope that E25 was up 60% on the capital raise six weeks after it (i.e. by the end of the year)!!