Your short term predictions are consistent with how many, if not...

Your short term predictions are consistent with how many, if not most, companies' SP moves post capital raise; nothing insightful or predictive.

If you look back, many of us had been saying that the SP of 30c-40c were ridiculously cheap, given that we knew there were plenty of potential positive news flow that could re-rate the shares considerably - and these did. And there is still heaps more to come. Meanwhile at those ALT prices, some with sentiment not dissimilar to yourself were spreading nothing more than negativity.

You're too fixated on predicting the short term SP movement post a discount cap raise when it is almost irrelevant from a long term view point and says little about the company's fundamentals.