RRS 0.00% 0.1¢ range resources limited

legal action is a waste of time, page-10

  1. 6,284 Posts.
    I have been down the litigation path with asic's lawyers
    fighting a public company on my behalf regarding a $900,000 loss in hot warrants.

    Be prepared to come out the other end so obsessed with right vs might vs myopic terms of reference that you wont trade effectively for years.

    To do it right takes up a lot of your own time , no matter whether you are doing it on the 22% contingency drip feed or not.

    What would a reasonable person do when a high risk option quadruples in value then slowly fades away.(excersisor vs speculator) How many sold out then bought back in ?

    Its an option, not many winners in options

    You will need to convince the ajudicating authority that you had bought them to excersise them or game over.

    Better have your lines of credit or your bank details in ship shape order because if you are proven to be just another speculator/day trader looking for upside, they will shoot you down....

    There is more of a chance of extending the oppies thru a re-issue at a nominal cost than there is a class action getting up.
 
watchlist Created with Sketch. Add RRS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.