Are SHLDRs being played?

The Capital Raising was announced & sellers promptly moved:



For every sell today there was a buyer! are these buyers the very same SHLDRs that dumped after the Capital raising was known?, volume up today - will this level of buying continue as we approach the entitlement close off March 5th???

Remember the capital Raising is not an SPP, it's a rights issue! You need to be holding March 5th to be eligible for an allocation.

So far relative the the MC, trading volumes have not amounted to much so far!

How do others think things are unfolding at present?