Are the Retail and Small Investors are unhappy with the past two CR's?

http://www.********.au/2014/11/10/far-ltd-soars-36-as-it-finds-more-oil-but-is-it-a-value-trap/

ARE THE RETAIL AND SMALL INVESTORS ARE UNHAPPY WITH THE PAST TWO CR's?

selected paragraphs from the FOOL'S article?

Since the beginning of this year, FAR’s shares have shot up 250%, thanks to the two oil discoveries. But retail shareholders have reasons to be unhappy. As the company’s share price soared, FAR raised more capital from institutional shareholders last month, issuing more than 420 million new shares at an 18.5% discount to the prevailing share price, as we warned in early October.

Retail and small investors were not offered an opportunity to participate, with management treating their smaller shareholders unfairly. It’s the second time since June 2014 that FAR’s board has snubbed retail investors.

And with plenty of water to flow under the bridge before the prospects above are commercialised, and likely more capital raisings and preferential placements, long-term investors will be lucky to see a decent return on their funds. They could be forgiven for selling out now and investing in less riskier oil and gas companies that are already profitable – and therefore have little or no need to continually raise capital and dilute their shareholdings.