Would be hard for you to see it Monty... But not everyone is taking a short term view here.. and it not clear this company is in "the trouble you suggest"... In fact..everything but.
For those wishing to see this company succeed, the difference between purchasing on the market versus taking up rights allocation.. is minor in the medium term scheme of things...more like 1cent when you try to implement. In fact current holders who wish to SELL into the current market (say 11c ) and take up allocation, costs only 1c , say $500 per 50,000 shares... a minor investment given the opportunity the company has if it succeeds.... and if you look at day traders, very few are buying at 10c ... this is a stacked traders buy/sell market... so the number would have to be much finer. Question to all rights shareholders... On the company plan put forward, how important is 1c at purchase if you can help the company succeed..Support the company , not "the market"... the potential cost benefits are attractive.
...Oh..And...Yes as Monty always says ....DYOR.
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