Amazing the cap raising went so well considering management can't get anything else right, even at 20cents it was well done. You'd want to have a very long term picture for this to turn around imo.
20cents is now the resistance so I am surprised to hear anyone buying just under it. If it cracks 20cents on volume then maybe it's a buy technically???? Day trade only at best. and as someone else said, look at historical lows for support.