rea old chap, the 40% loss was from the offer price at 20 cents...

rea old chap,
the 40% loss was from the offer price at 20 cents and the 12 or so cents trading now. In my case I have been in since the original IPO at if I recall correctly 20 cents in the old money. If you had read my posts you will know that I have already stated that. Which means an investment of 100 cents per current share. However the original investment is unrealistically out of reach for the foreseeable future, the amount recoverable at the moment was 20 cents. Hence the 40%. If you really want to go back to the original investment, it is an 88% writeoff. Not good, dreadful in fact, but not a total loss and in the hand.
In my honest considered and measured opinion.