ESN 0.00% 1.6¢ entellect limited

exciting announcement, page-7

  1. 885 Posts.
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    Don't blame you feeling bitter and twisted for one moment, Bond, but if the alternative is having our shares rot at 0.002 or 0.003, then I'll take my medicine. It might taste bad, but at least there is the faint possibility of a cure now.

    The price action today indicates that despite the massive dilution, many can see value now that before could see none.

    By the way, in assessing dilution you have to factor in the changed value of the asset the diluted parties are now sharing. What value did you assign the company's assets pre dilution and what value are you assigning to them post dilution? I'm interested to see the premises your back of the envelope calculations are based on.

    I'm not saying we should be happy campers by any means... we've most all been royally shafted by holding this stock. Just that I'd rather lose an arm and a leg than die of gangrene. I feel like we have a fighting chance of recouping at least a bit of value now.
 
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