Yep that's has been the way previous CR's have played out, the...

Yep that's has been the way previous CR's have played out, the majority of those that participate sell for a couple of pips or small losses.
During the Aussie roadshow Last year, when questioned about raising capital Sytze alluded to a preference to involve more " solid " investors, I interpreted that as meaning stronger hands.Going by the price this CR is being executed at, we haven't had the luxury of being that picky.
Barely any options have ever been exercised in the history of this company, though to be fair the clock had to be reset a couple years back, surely these 2.3c options will break that trend. But people thought that about the 6c oppies.