question for sheik and others re rights issue

Sheik - What do you think the outcome will be if the SP stays under the proposed issue price as it is now?

I am interested in the free options, however at the same time the FPO's are currently at a heavy discount to the issue price so I am torn as to what to do.

I have started to accumulate but am now thinking of buying heavily around the current price - instead of waiting for the rights issue.

All thoughts are welcome.

Cheers