Agree the market is not yet pricing this share efficiently ( perhaps both before, as well as after, the capital raise ). Still, an entry price for a new holder at $0.52 doesn't seem too high risk, and daily liquidity should incrementally improve with the increased issue. I expect the next month or so will tell a tale as to the fundamental price level, given finalisation is still dependent on the SGM later this month and settlement of the allocations via the institutional book build and subsequently the SPP for existing holders, and those who buy on-market by 20 July and are eligible for the SPP which may be one contributing reason for the current price level.