The volumes are pretty thin, and while it's not a pure dump,...

The volumes are pretty thin, and while it's not a pure dump, they are wiping bidding lines on a daily basis. Just look at the course of sales.

What arguably should have been a share price rally is now the opposite. While it's natural for a SP to retrace to placement price, surely a SPP (as suggested on other threads) would have helped existing shareholders top up, while not putting the same selling pressure on the SP.

Alternatively place the shares to new 'sticky' money as opposed to the quick easy route the board seem to have taken. Why was the extra $ required above the SMS parcel anyway?