We don't know how the re-capitalizing will look but you possibly won't have to put any money in if you don't want to.
"As a shareholder, you have three options with a rights issue. You can (1) subscribe to the rights issue in full, (2) ignore your rights, or (3) sell the rights to someone else."
Who knows, but if i do nothing i will lose 100% of my investments. But for what will likely be less than $1000 and judging by how many people are making the commitment (think we are at 33 as i type) probably a lot less than that, we are giving ourselves the chance of saving our investment.
For me it is worth one last punt, especially as it is being well organised.
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held
