No reason to buy if you are a rights holder. And if you aren't...

No reason to buy if you are a rights holder. And if you aren't then why not wait for the quarterly or the cheap shares to hit the market. We all expected weakness and low volumes over this transition period. Pattos are just trying to keep the sp ticking over for the rights issue.

I disagree with what you said the other night about a possible extension. It would be suicide. Pattos are doing a great job keeping sp at 0.2c, they cant keep it up forever. This will close undersubscribed but on time. We have no room to move, we can't lower the issue price. This is it. Take what we can.