Anyone want to guess where the share price lands tomorrow. I reckon 13c or 14c. Could be as low as 10c but I suspect it will be above cap raising prices.
Agree with Red Pill's comments in the other thread, it's good for holders the company hasn't collapsed, but now you really need to consider the long term future before you take up any right issue.
This is a DEEPLY discounted issue from an obviously deeply troubled company. Subscribers are down, competition is up, equity has been diluted to almost nothing, reports suggest investors have grave concern regarding management. You have two choice:
a) Throw in good money after what-has-been-so-far bad
b) Cut you losses and find opportunity elsewhere.
I know what I would be doing.
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