Davepan - I am in exactly the same position as you - I just have...

Davepan - I am in exactly the same position as you - I just have to sit here and take the insults this company continues to throw at us - I still hold 1m shares brought variously over the years, as I belived the spin - I have learnt many lessons along the way ! - they will not get another cent out of me, I could sell, but it's just not worth it at these levels might as well hold and hope for a miricle.

The financial results are an absolute disaster - I wouldn't expect the rights issue to raise any more than $4m so at that cash burn rate they will start to be in trouble again in 6 mths.