yet another try to calculate beppa value, page-82

"For me the end game is getting entry to the rights issue (if one happens at all). The more rights I can manage to take up, the more money we are going to make, because my calcs generally assume the rights issue pitches at 50% of diluted NAV, so that the CI and anyone taking up the issue get a good deal for bailing out the company."

That is what I have been saying for a while now but people think the ords are the go now at 5c.
Forget buying the ords now. It's crazy. Just get involved in the placement directly. Reward is guaranteed and risk is almost negligible. No need to be risking capital now when all this uncertainty is around. Play it smart good people.