Hi all.
Can one of you clued up share people please confirm to me how much has been lost with a normal shareholder since last Friday's close of $1.83.
Lets say an average person had $10,000 worth of shares. Which they now need to sell to purchase the entitlement shares at $1.10
After today, the share has dropped to $1.25.
My calculations say that is a huge loss.
Can someone tell me how much the loss is.
I hope everyone understands what I am trying to work out.
Cheers to all.
P.S. When it comes to the shareholders meeting, I will be voting against our leaders attempt to screw us and top himself up with cheap shares.
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