taking losses after one day

How can punters be so stoopid?

In the middle of a huge cap raising at 4 cents, the punters rushed the shares because of a news paper article, which incidentally said almost nothing was happening for 12 months.

Now they hit their stops.....

This is a hold for 12 months, not a trade and it will be back under 5 cents as soon as the new shares are available for trading.