ODE 25.0% 0.3¢ odessa minerals limited

Would someone be able to explain to me what's going on here? I'm...

  1. 69 Posts.
    Would someone be able to explain to me what's going on here?

    I'm quite new to the stock market, mostly went into safe stocks like BOQ and Telstra but CR8 was my risky one.

    I invested a bit into it, not a lot, but enough that i'd be pretty ticked off if it suddenly collapsed (which it seems to have).

    I've been sent the pro-rata thing in the mail and can't make heads or tails of it so would love some tips on what to do next or whats going on? Should I just cut my losses and bail? Or should I keep going and see where it goes?

    I don't need the money from it, not in dire need of help but would hate to see this hit 1c or whatever.

    Cheers
 
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