Ann: Fully Underwritten Renounceable Pro-Rata Entitlement Offer, page-30

I'm in the same boat, although I suspect I have less tied up in this than others around here. My feeling is I have no hope of breakeven in the foreseeable future. This cap raise gives me some hope, via averaging down. It is a tough one though as my confidence in these guys is pretty low.
I think the price will initially drop to the cap raise price - as almost always happens. That will be especially hard to stomach. It's a bit of a leap in faith to put more money in, in the hope they do have an Ace to play. The one saving grace it is relatively peanuts to potentially get out without losing just about the lot.