IHP Plant modification, page-15

I can't seem to get a grasp on AEV operations as a retail investor

The last 2 capital raisings have been very well supported by its majority shareholders, as so much to underwrite the CRs (Im sure with some due diligence), one at 8.4c and another at 4.8c....

Now it sits around 4c with no love - it is very curious. Is the market right or are these shareholders seeing much more potential and future value than what the share price indicates?

Although surely they would have more insights into AEV than the rest of us?