UMIZOOMI
Very easy question to answer.
FIRSTLY I AM HERE TO MAKE MONEY.
Are you here to loose money??????
They have already been given millions of shares at $1.07
And possibly millions more soon at $1.07
If they want to make a quick 50% or more then they will sell at $ 1.60 or above.
Results are many months away and anything can happen.
I will hold current shares pending good results.
If I was given the option of shares at the same price as the institution I wouldn't have sold.
Do I have respect for any institution......NO
What happened when the banks and other institutions fell over and the government bailed them out with mum and dad money????
I suggest you look at Australian banks who have agreed to take your savings at %5 from 2016. YOU MAY CHANGE YOUR MIND ABOUT INSTITUTIONS
http://www.abc.net.au/news/2013-08-01/government-sets-new-bank-bailout-levy/4859732
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