strengthening ozzie dollar, page-30

Well I was one of "those fools" that bought shares @ 80 cents some 6 weeks ago @ was amazed when the new allocation came up!
After reading all the stuff on this Forum @ noting the very positive upgrade by Macquaries recently I have decided to take up my allocation
What has me puzzled is people forecasting a collapse to 40 cents when sales in high 70s are continueing day by day ,even though the new allocation is closed!!
Surely if the dilution is to affect the S.P it would have taken place by now?? Why would it wait till they are being traded?
It must have been factored in by now by current buyers --have I gone Bonkers??
D.W.J.D.