I did swear that I wouldn't be putting more money into this...

I did swear that I wouldn't be putting more money into this company, but seeing as the share price is higher that the rights issue price I will take up my entitlement.

However on this occasion I will put a stop loss in place and sell my entitlement immediately if the share price goes below 1 cent.

I will not lose any more money on this stock!!!!!

What do other think of the recent price action?

IMO Vic & Co have clearly manipulated us again by releasing the sales update so conveniently within a week of the close of the rights issue. They must have been holding onto that one for a while and then when they saw acceptances were slow released an ambiguous announcement that doesn't confirm anything and contains only possibilities.