Capital raising coming???

The current share price, while being a reflection of what people are prepared to pay, can be skewed by large players prepared to short sell shares.

I am not sure what the situation is re the convertible notes and whether a capital raising will be required to repay the borrowings

I can't see any other explanation for the current share price. The company has good prospects and good cash flows.
Much better position than other oilers.

As others have mentioned, other oilers have rebounded. This stock has continued to fall.

One can only ask, is there something that hasn't been disclosed to the market?

Time will tell.