Well Folks, the Prospectus will be mailed on Monday and we have around 2 weeks to decide.
I am veering towards taking up my full entitlement. We should be getting in on the ground floor.
Another share I own fell from way over a $1 to 2.5c. A Rights Issue occurred at 3c with options but many would not touch them because they felt hurt aand bitter about their losses. Yes understandable. But those that took up their rights have done well. Similiar here a change of management for the better we hope. This is a large issue and there will be a substantial shortfall for the underwriters. The options at 3c have been priced right for company and shareholder benefits In my humble opinion.
I love speculative stocks and this one has many ingredients for success. Good luck in your decisions folks. Cheers
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