equity raising

I was disapointed that the update did not clarify if Hastie Group rejected the reported capital raising at 25 cents or if it could not get institutional support at this price.
In my opinion clarification of this issue would mean that the market is better informed if this company is worth investing in.
Disclosure on this issue by Hastie Group could be better in my opinion.
As shareholders we should demand that Hastie Group come out with an anouncement on this issue now.