capital raising as predicted

Synergy Equities Group Limited (“the Company”) is pleased to announce that it has today placed a total of 40,000,000
Fully Paid Ordinary Shares at an issue price of 0.5 cents per share to sophisticated and private investors, raising a total
of AUD$200,000. The placement represents 5.5% of the company’s enlarged share capital.

What are these sneaky lot up to. Shares selling today for.09 cents then a capital raising at .005.