no technical support after fund raising

Just some thoughts on a technical analysis of the CNX price - might be time to grab the 3 cents (15 cents above 12 cents issue offer).

There is no technical floor under the Carbon Energy current share price, eg. assets, IP, etc. - even the IP goes elsewhere in this coming deal.
The forthcoming share issue at 12 cents is the only technical support. So, what is to stop the price going to 12 cents in the interim - following currently charted momentum down?

After the IP is gone to the lender, all other assets are very speculative. The company's assets on the balance sheet are not worth the market capitalisation of $100 million. But 12 cents is technically supported by the restricted issue.

So a stategy to staying in could be to sell now at 15 and buy back after the drop to 12 cents.

Interested in others' thoughts on this.