Hi raw,
It does not make sense to not take up the rights.
The volume has been there to realise some losses and pick up new shares and an option (1:2) and a small margin for the exchange.
You wont get to vote on it, so no sense complaining.
This is similar to what happened with our mates @ MVH (no oppies there) and other than a drilling result the same would happen; pretty much a fall to issue price.
The drilling results will make it rise or fall.
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