IMO, SP will be 50c if macquarie sells 2.3m shares for 50c. Can't they place to existing sophisticated investor like FIL, if they are not happy to buy that means something wrong. May be a CR is on the way at 50c or even less than that.
I'm happy that i did sell of my bulk $40K holdings in the last run to $2 last month. Just have my final $7K holdings, even that hurts now. GLTAH.