entitlement offer

I hold a position in DUE. I AM NO EXPERT, but here are my personal views at this stage:
1. With the current 'bloodbath' all around, can this capital raising go ahead at the stated discount?
2. Having watched similar situations, when some new stock is offered at 152c, the current price of 160c quickly drops to the same level (don't ask me why). Add to this the drop in distribution from 20c to 16c, and it would point to the shares settling below 152c level. And all this BEFORE taking into account the 'bloodbath'.
3. It will be interesting to see what price the shares trade at when they come out of trading halt on Monday (and trade 'cum' entitlement).
4. If the shares drop further, some sort of 'privatisation' might make sense?
5. In absolute terms, the returns are very attractive (and are said to be predictable), so I am more than likely to hold the stock.
Interesting times for this stock I feel.
NOTE: DO NOT RELY UPON THESE VIEWS WHILE MAKING YOUR OWN DECISION!