All valid points and I've mulled on them way too many times on this black sheep.
These low cap stocks are all highly speculative and I know I'm not going to win on every one.
I got into this one early so my start price was circa 60c.
I've been topping up and averaging down along the way.
This rights offer gives me an opportunity to get it well down.
This stock is very tightly held and the top 20 has some very big money buried this hole.
Most of them are much bigger and much smarter investors than me and they haven't sold out...yet.
Not only have they not sold out yet, they will be the largest contributors to this CR.
I genuinely think that Innovaero is a good news story which is something thats been sadly missing for too long in CFO.
A piece of sailing advice my father gave me was if youre sinking, don't leave the vessel until the life raft is actually a step up.
Regards selling out, with this one it doesn't feel like a step up...yet.
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