I have decided to not participate and while there is a chance this thing could go I just don't think DC has managed the risk well enough for me to justify putting in for a third time on top of my initial investment well over three years ago.
At the end of the day what will happen will be a '1 for 10' consolidation and we will still be at the embryonic stage of this companies life plus the fact there is going to be a heap more dilution as DC sells off part of the company to make a deal.
I don't think we are in a good position ATM and others will know that.
It's going to be a case of beggars can't be choosers and we will have terms dictated to us.
Cheers
BW
PRL Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held