That's what happened to me and HDY/PSL, diluted to buggery.
Back in my working days I kept averaging down on this not realising what was going on. Ended up donating 13k, 7.5k on the oppies and 6.5k on the heads. PSL last traded as HDY at 0.003. I only hold 220k shares due to dilution so bought into th SPP hoping to get 1mil at 0.001. This is the only way I can see getting some of my money back. Money on the oppies is done so it owes me 13k, this is from a bloke who was on minimum wage at the time. It's amazing how drip feeding small amounts into a dog adds up. I would never do something so stupid these days.
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- Day Trader’s Aftermarket Lounge 24 June 2020
Day Trader’s Aftermarket Lounge 24 June 2020, page-92
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