I would Hold.
This is what I worked out today and I would appreciate some one with a bit of experience making sure its all correct:
If you hold make sure you purchase all of the shares in the 2/5 rights issue, otherwise you will be letting your shares fall in value (~15% from the dilution of the shares value from this capital raising).
If you have $10k (10000 shares going by current price) and sell now then you have 10k in your pocket.
If you purchased into the 2/5 capital raising (buy another $4k (4k\0.53c=7500 shares) then you would have 17500 shares all together, which by estimates would be worth 0.86c after the dilution from capital raising, so you would have $15k worth of shares. So in this scenario you gain $1k.
OOOR! you can not do anything and watch the price of your shares fall down to 86c which would make your $10 become $8.6k once the shares dilute.
Again if I'm missing something please let me know!
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