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I don't hold as many as you and haven't received mine yet. I...

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Rooster08

303 Posts.

14

05/01/17

16:57

Post #: 21702782
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Originally posted by jiska ↑

All the other threads have been hijacked - hopefully we can have a civil discussion on the rights offer in isolation and leave the other crap to other threads? Remember - you don't HAVE to post.

I received my entitlement form today. I have 1.7 million shares, so I'm entitled to 170,000 shares at 0.013c, bundled together with 42,500 options. That entitlement would cost me $2,210

Heads currently @ 0.009 x 170,000 = $1530
Options currently @ 0.004 x 42,500 = $170
Total to buy on the market = $1,700

Clearly I'd be nuts to take up the offer. I would be absolutely astounded if anyone else does either. Where does this leave us as a company, and is anyone actually mad enough to be considering accepting this offer?

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I don't hold as many as you and haven't received mine yet. I have been pondering what I should do? Is there any extra benefit from taking the offer over buying from the market?

TV2 Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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