Buy some from spare fund after considering the returns vs risks at the moment with all the necessary approvals as todate which looks in favor of the potential returns. Anyone done any computation on the effective returns on this investment on the basis there is no hiccup with distributions as per the announced timetable ?
Really admire the bravery of those who still buy or holding this share. Right issue at 10 sen with free warrants also not many want to subscribe but still got people buying now at over 28 sen. Likely control by syndicate now before selling over the next 1 week or so after the subscription date of the rights issue on 6 july. Maybe can just for day trading only before u lose your underwear when the massive rights shares come flooding out later this month. Good Luck to those still buy or holding this share !!!
At the moment, just use 10 PA to convert to 1 share without any further payment eg 10 PA @0.015 =0.15, roughly about the same as share price now around 0.145. Note: previous conversions were done when the share price was much higher than 0.15
For those who still doubt the conversion by using the cheaper option ii ie. 1 ICPS plus 12sen (2sen + 12 sen= 14 sen much lower than the now share price 18 sen), please call the Share Registrar Boardroom.com at 03-22980263 for confirmation !