I bought $15K at $0.15 after the refinancing ann. But saw it went down quickly to $0.12 and could not get support, then decided to sell the entitlement right for $15 profit saying to myself no way to pay more money to the company while I lost, when the share price touched $0.10 I decided to cut the big loss.
Lucky or not lucky I recovered $10k of my capital 2 days before the VS. $5K lost just in a week. Should have set auto cut loss earlier.
This is the 2nd time during the last 15 years I pulled myself out days before a company going VA.
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- Ann: Cancellation of Entitlement Offer
Ann: Cancellation of Entitlement Offer, page-39
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