Buying pressure indicates renewed interest in LAW

Interesting to observe buying pressure emerging prior to cut off date for the 1 for 1 rights issue. Presume it's new investors buying with the view to take up full rights and average down their entry price. Indicates stock it tightly held now with few arb rats prior to the issue. Might come under pressure once 1 for 1 stock is delivered i.e. get full allocation then sell stock to average down entry price of your initial holding.