"Frusty what price per share do you think they will do the...

"Frusty what price per share do you think they will do the raising and how will it affect the current share price?"

Not trying to answer for someone else but if there is a raising this is how I would see it playing out:

- the raising is at a discount to the share price at the time.
- between then and now any institutions or 'sophisticated investors' won't need to buy any on market, they will wait for the raising.

It's not that a raising is the end of the world, but that until the raising the buying on market will be less than it would otherwise have been.

It would be better to get it out of the way as soon as possible, eg a raising now at 40c and the market can focus on Galoc and Turkey.

I'm not trying to talk them down to get a lower price, just explaining why I would rather wait for a raising. I could be completely wrong and they go to 55c in the next month and raise more at 51c.