the known knowns

To paraphrase that tw*t Rumsfeld, whether or not a cap raising occurs either sooner or later or they manage to refinance (preferred option as no dilution for existing holders, the only known known here is that all holders would be compelled to buy into that raising to maintain the status quo (assuming it is a discounted 1:1 rights issue).
Obviously the higher the share price rises the more liklehood of the raising happening sooner to tap into current market sentiment and increased price of the offering. Management would be working feverously behind the scenes at the minute - no doubt about it.

May pay to keep some cash handy.