Kacy....you are in quite a bind I believe and havn't yet accepted what is happening but you have my condolences. Your language speaks volumes though ie
"is it better to do a massive placement and clear the loans now, when the profit and the share price is low"
Kacy they have done (trying) a placement at one of the biggest discount to market the market has every seen. They didn't just do it while the stock was down...they did it 70% under that. Also...there is no profit and clearly their debt obligations mean they cannot wait until (if) profit returns otherwise this action would not be necessary yes?
My previous post in September said I might return to the thread to say i told you so but this is a genuinely sad situation and far worse than I imagined so best of luck all.
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