harken if you are still an investor with a nutral sentiment then it is silly to suggest names which are just spiteful. better to accept the name change and that they are trying to fix perceptions.
realise the basics. if you are invested in this company it is high risk. if you wanted your capital to be more secure you should have left it in a fixed term deposit. at this stage in the companies life I believe they actually have a shot at making some real returns moving forward and not just petty change something worthwhile. you are pissed off with the terrible returns.. when did you buy in? 50cents when the company began.... some people made money then, or at the peak when it was on the death spiral or at 1.5 cents back a couple of years ago? you could have made close to a Disallowed... weigh the odds and make a real decision and if you lose your money.. you can only blame your decision. but if you pick the right spot you will make a fortune.
i didn't realise the SPP has two options: at an issue price per Share (SPP Issue Price) equal to the lower of:
3.9 cents; and
a 15% discount to the volume weighted average price (VWAP) of Shares traded on ASX over the five trading days up to and including the date on which the SPP is scheduled to close (being 18 November 2016).
that is interesting.. i though it was a straight 3.9 cents per share. check out the INVITATION TO PARTICIPATE IN A SHARE PURCHASE PLAN 28 October 2016.
CSS Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
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