I'll put my hand up and say I've taken the risk of...

I'll put my hand up and say I've taken the risk of selling $30k worth today at $1.65....
with the view of buying back at $1.45..... it won't drop below $1.45....

yes it's a risk it will be oversubscribed..... but so was their last one and they took the cash.... plenty more financing required so why not grab what's on offer now....

I reckon they tried to spook people from doing the above by saying they would consider trading activity when working out ---: back.... risk worth taking based on my experience of previous raising...

at $1.54 there's not enough margin to be gained over $30k worth of shares to bother. so I doubt it will go any lower than where it is now.