Normally shares hold or surge after a cap raise f the market was...

Normally shares hold or surge after a cap raise f the market was holding it back thinking it needed one. Once it’s done people can stop focusing on it and the price is uninhibited.
doesn’t seem like any here really thought cap raise for this.
also, If there is positive news coming that explains why the raise the surely it should be announced first to let the market reprice then you raise later at a higher price.

i really hope that webcast wasn’t done to enable a raise. Surely not. In hindsight feels a bit like when a corporate presentation deck is put out followed by a raise.