a lot of these beaten down stocks with debt issues have rallied after a cap raising
if its a rights issue then you will need to hold reasonable amounts of stock to get a good allocation.
i picked up small holdings in my , my partners name and our super name incase there is a top up facility on a rights or if its a spp. it will be a waste if its a rennouncable issue or if they somehow refinance
BLY Price at posting:
31.9¢ Sentiment: None Disclosure: Held