Capital Raising, page-97

Why do you think Crescent would care about the share price today. They have stated a 3-5 year turnaround - it's no skin off their nose (or mine).
If they didn't want a 46c share price they wouldn't have raised capital at $1 then again 6 months later at $.40c. The share price started at $2.15.
Their intention was clearly both to have a lower share price and a stronger balance sheet. The raising funds haven't gone anywhere they will allow headroom to buy shareholders out at an offensively low price through a buyback.
Crescent is most probably loving the share price at 50c or less as they are still buying remember (via underwriting retail shareholders).
Buy sell or wait but anyone who tells me where the share price is going from here is full of sheet.
It's one thing to expect a fall after the last raising, that was a good call. Intelligent speculation I would call it.
Bad feelings and guessing it will fall further are just guesses. I still won't hazard a guess myself.
The market will fluctuate, still the only certainty.