I'm nearly 64K down on GNSPA.
I bought at $79 per note and I couldnt convince myself to take the loss and sell at $45.
I shouldnt have believed the NTA story, which led me to believe that even in administration I would get back more than $45.
I didnt count on GNS converting the notes to equity.
As equity we are at the bottom of the heap.
A sad day.
administrators appointed, page-21
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