I'm with you on that one!! If ASX lets them trade again and it is not in conjunction with a massive cash injection they will have an epic free fall so you'll have to be quick to exit - that's assuming there will be buyers - which I also doubt.
The only way they will avoid an absolute SP catastrophe is if they manage to get a significant cash commitment from somewhere. The Valentia deal (prior to debacle) raised SP fairly well so there is hope we could get out without too much damage to the bank balance.
If they do get cash I'll be out either way -
"Fool me once, shame on you. Fool me twice, shame on me"
EVM Price at posting:
10.0¢ Sentiment: None Disclosure: Held