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Only issue is retail investors entitlement was 1 new share for 8...

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    Only issue is retail investors entitlement was 1 new share for 8 held, chances are alot long term holders average would be 1.5 +. Even if they took all entitlement sold shares probably still sitting at loss, unlike sophisticated investors that got head start and didn't hold shares bought much they wanted at 1 new share + option. Also at that early stage alot selling took place at 1.2 to 1.3 cent range so they could of come out at profit or brake even. Being retail investor at bottom end of market is risky when come CR odds stacked to sophisticated investors. Now over 17M shares stacked 1 cent.
    Last edited by fantazzyd: 18/12/23
 
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