would you subscribe to a rights issue?, page-11

In my opinion, if there was a detailed update on where things stand at the moment the price would either be higher than $.0009 or no interest in taking them up at that price. After watching my shares from the last SPP quickly drop by 2/3 and having bought more on market recently, I would be hesitant to take up any more without some positive news from the company.

Directors buying would be a big positive in my view but it would have to be an investment of more than one days pay.

For the moment I'll hold and wait and hope we all have a better year.