That was day 1, what do you think was going to happen on day 2 of trading, when people figured out that 10/12-1 was potentially heading their way at 2.9c
IMO it went into a suspension to trap that 30c in motion. Playing tricks. Its just a screen capture of those running through the exits.
I am going to ask again, for you to ask management, yourself, everyone. Why did they do a 10-1, when they could have equally done a 1-1 ? What is the underlying snake in this grass. You must work that out.
Certainly the effect is destruction of old equity/ unless you capitulate into feeding the money pit. They had a choice. And made it. Why ? If you are not on the phone to the company to answer that question, why they chose to essentially rinse the old equity out when they could have equally protected it.
OSX Price at posting:
30.0¢ Sentiment: Sell Disclosure: Not Held
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