I was surprised I could get 60c when this reopened to trading....

I was surprised I could get 60c when this reopened to trading. Having taken a 75% loss it was hard to see the point in selling, but I also knew this was always going settle down at 50c for a long while - having known this, there was no point in holding any longer.

This capital raising will basically double the shares on offer, therefore the odds of this seeing $1 would be comparable to whatever your thoughts were last week of this getting back to $2 (from $1).

Luckily this wasn't a huge chunk of my portfolio either, but a 75% loss in the red looks bad regardless of the amount.

Good lucky everyone, the shear volume of stock that has just entered the table at 50cents means you can't make any more huge losses on this one.

It could actually become a decent buy in a few weeks (bizarrely enough) if it drops below 50c. Not for me though, I can't forgive the losses the past year.