Just my thoughts but this is done on purpose. There is no real detail as to what capital raise will be and as such it is confusing people. Some are looking at selling but some are not sure if they want to keep and some will keep...
I will wait till 5.00-6.00pm to judge at this point as previously the sell side has been stacked up all day for the past week only to be liquidated at close. This seems to force out unsure holders at bargin prices while allowing accumulation of shares. What i did notice recently was HSBC joined the register with 2 seperate holdings (14.5m shares, and 7.9m shares). For me this seems to indicate that there is interest from someone/ somepeople as a strategic partner..
CEO Price at posting:
7.8¢ Sentiment: Hold Disclosure: Held
