Ann: Capital raising under Share Purchase Plan , page-3

re: Ann: Capital raising under Share Purchase... so do you think they have tried to raise it through sophisticated investors failed now come to us share holders with the normal discount to the market story? fact is you can buy them at 3 cents now due to them not being able to get them away.i am sure were get the how good dennis story is later but what has he actually done here I cant see any value another dilution of shares and no oil? am I missing something.?