what about us?, page-4

Great posts all. This placement at 1c is a real kick in the *uts for shareholders who have only been able to buy on market. Since FRV listed as EHR, the volume weighted average price has been up around 5c, so there are a whole lot of us who are a long way under water at the moment.

Like argonaut, boppy and kingkev, I have averaged down as the price kept falling, all the while feeling secure in the faith shown by IDB and CIFI who are substantially funding Copahue. Sadly for me, if EHR held a rights issue at 1c, I wouldn't be able to participate as I'm all in.

I've got a few choice epithets that I feel reflect my frustration and dismay at this point. Unfortunately, I'm fairly certain that HotCopper won't let me put them to print, so I'll just have to swear Ned Flanders style ...

"How do you repay me? With a kick in the kiddiddlyhopper."

Of course, if and when the placement holders exercise their 4c options, they will have paid an average 2c for their shares (the closing price before the trading halt). I really do wish that they all exercise their options immediately and show some more faith in the company. If the options were to be exercised immediately, this would raise another $1.34m for the company on top of the previously announced $670k. Not holding out much hope of this scenario transpiring tho'.