Back to the original question on whether to take up the...

Back to the original question on whether to take up the entitlement offer. I only recieved my docs in the mail on Monday which only gave me a few days to get it in.

I was a very early investor in this company and come on board in 2011 when they were meant to be transitioning from R&D into commercial production. At the time it was around 80c a share. When they plumetted down to single figures I actually bought again thinking it had bottomed out. I doubled my shareholding and a reduced the effective price down to 43c a share. This looked like a great move when they bounced back over 60c and I was finally in profit territory. Well it all went south once again after that and I vowed I would not put any more money into this train wreck.

As it turns out this this CR is basically letting me increase my shareholding by 50% and costing me stuff all by comparison to what I've spent already. The recent announcements have given some glimmer of hope so why not have once more crack at it?