got that? capital raising / financing!, page-5

That is the most annoying aspect of this. If institutions/hedge funds/sophisticated investors knew this was being flagged around the traps, then they basically lowered the price (artificially) to give them a much cheaper entry.
That is why when all the announcements were being released, that seemed very positive, and the SP tried to get over 29c but couldn't breach.

So to come out now and say we raised money at a discount to current market cap would be a disgrace. Does anyone know the recent VWAP for the share over a month. If it is at say 25 - 26 c then say a 10 % discount would see us at 23 cents per share (where we are currently). Anything under this would be an absolute steal and rort.