Those long term supporters that stumped up capital in the most recent raising in 2014 at 0.48 are carrying a big loss but not as bad as those who stumped up $ 1.80 at the capital raising in 2009.
History tells us it's been pretty much downhill for 8 years.
Anything can happen here but unless you are a believer in a rising IO price I think the writing is on the wall.
Like a bloke treading water in the ocean , people keep throwing you life rings but they are made of concrete.
ARI Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held