Well, yeah... the price to participate in the CR is 2.5 cents no...

Got mine this morning as well... unfortunately, I doubt our REs will be worth all that much prior to 6 May. That enthusiastic spike to 2 cents would have allowed a sale of half your REs, that would have paid for a large % of the take up of the remaining half.

Bit frustrating that some of us missed the chance to even consider something like that due to the delay. Someone with 500,000 REs could have essentially bought 250k MGT + 125k options for about .009 cents a share by selling half their entitlement when there was good demand between 1.6 and 2 cents.

They may have another bounce though, but MGT seems to be heading towards the CR price now so I'd think its unlikely us late recipients could consider benefiting from that kind of approach.

Well, yeah... the price to participate in the CR is 2.5 cents no matter what. But if you buy rights / additional rights then you've spent that money as well. But the MGT you receive will be considered and cost you 2.5 cents a share.