the only reason imo why the share price is where it is, is due...

the only reason imo why the share price is where it is, is due to the rights issue, why would any one step up to the bid if they thought some 8c stock may come out. lets face it 100mil + or- has been issued. if i was a buyer i would sit back and wait to see how the shortfall is handled . when its bedded down i think it will be off again