hate to say this - and this is going by all the ***** raisings I've seen in companies in "distress"
the SP is not going to go above the SPP price for ages - usually SP drops below the SPP - and most importantly of all:
I believe the overall amount of money lost for LT SH will remain the same
So - it's a cosmetic exercise that makes the loss per share look better (if you buy more) - but due to the ridiculous dilution would find it very hard to believe this to recover to any level I would find better than administration (despite the millions lost in cost due to the nature of admin).
Just my opinion - you all decide for yourselves
1:1 plus 2:3 oppies equals disaster - rather cut my loss and make the money elsewhere
So much for that one - think we all are aware of the elephant in the room - and he usually wins - not the retail holder
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