All though i can not verify as factually correct- I have heard now from a number of people and brokers close to the company that a rights issue is on the cards and this is the definitive reason for the smash down in price...
Obviously i can not confirm as fact, however it is merely a reflection of what i am hearing..
Gunter,
Yes, most of my posts are pessimistic...Give the co a call and you may end up feeling the same...
Yes this is oversold, very hard to see the upside right now.
Good luck to all .... I would love nothing more than to be slated in 1 years time when the SP is back above $1.00 for being overly pessimistic...
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All though i can not verify as factually correct- I have heard...
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