Capital Raise - at what price

Trying to guess at what price they will raise the equity. Obviously there is a general lack of confidence in any new communication suggesting all the bad news has been dealt with - there always seems to be more or an underestimation of what has already been disclosed - so one woul have to factor in future write offs.

i can’t see the institutional investors settling for anything less than a 10 to 15 % discount on a vwap so 85-90c and based on that take up, the retail investors will get a go to make up the balance.
what will be interesting to see is if the directors including Allen are confident
enough in their story to take up their entitlement.