'If the half glass empties are right then you will be able to...

'If the half glass empties are right then you will be able to buy below the issue price.' - it will be a measure of the markets belief in this company. Only the strongest dont see their SP fall below the issue in my experience. This company has never had that sort of market backing before and I dont believe they will now.
And not making some of the offer available to retail certainly does show a degree of contempt for small investors by management - though this has already been bored out by witholding details of the upcoming CR at the last webnair.