"However, now we could be looking at a much higher percentage...

"However, now we could be looking at a much higher percentage capital raise at a lower 48.5 cents, and that is where I will start using the word disgrace."

I'll assume that you've underlined the reference to 'disgrace' pointing to my comment above yours. At 40c, you can now say it's more than a disgrace. And the carrot was also in the commentary regarding bringing forward (by a matter of weeks) one of the top line results. The dilution to current holders is going to be to hideous. May as well go and back horse 8 (eyecansee), race 5, Randwick.

If the market turns from it's current highs, you can bet that 40 cents wont be the floor. and I agree with you in that OPT may be looking at a new 52 week low in the near future. Happy to sit and take note at this point in time.