What are peoples thoughts on the cap raising issue? At some...

What are peoples thoughts on the cap raising issue? At some point you need to work out whether you would rather tip some cash into the thing to get some more activity happening, or sit and wait for a asset sale that may or may not happen in the next 3-6-12 months........I'd like to believe that the asset sale can materialize before a cap raising is required but I would rather underwrite future activity with a decent cap raising (placement + rights issue or SPP). How long does 1.4 mil last before a cap raising becomes a necessity and it gets done at a far lower price than we have now. I'd be interested to hear other peoples thoughts