Twiggy's Shares, page-11

If you held prior to the TH then what choice do you have? Would you prefer for a complete right off from that investment or average down by participating in the desperate cap raise and then hope that IOP can recovery to give the company another shot from a death experience. Not an easy decision.

Look at Mcaleese their haulage contractor, not just this contract is at stake but another of their client has gone into admin meaning no full recovery of revenue for on going work done. You can understand they are also trying to revive their chances of continuing their revenue stream as well as not losing what has been owed for work done. I am assuming Mcalesse has owings from AGO at the TH.

Personally if I were a holder prior, I rather not take additional risk and put that additional funds to other investments but each holder has a specific set of circumstance that is different in size and reasoning which makes a market.