"...Vik i think it will open close to its closing price and more than likely the price will go up a little from there..."
That has to be one of the more fanciful comments I've ever read on this website...there is more chance of a donkey winning the next Melbourne Cup.
Prior to it's suspension, the indicated opening price was around 15-16 cents...if it had opened that day, it would have EASILY gone under 10 cents...and there has been more negative announcements since then.
Be realistic....write it off, and for the traders out there, take it as a lesson learnt....the banks will leave nothing for ordinary shareholders....it's only the noteholders that have some remote chance of salvaging something.
In any case, it's only the long term investors I have any sympathy for....the signs were all there though, and the warnings to get out aplenty.
Traders roll the dice with every move...you win some, you lose some....and this is definately a loss.
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