PKO 0.00% 0.3¢ peako limited

i see no reason to participate in the Rights issue other than...

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  1. 816 Posts.
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    i see no reason to participate in the Rights issue other than blind faith in Mr Albers.
    There has been nothing put forward regarding future direction of PKO and likely outcomes from Cadco/blade debacle as far as i know.
    So does one throw good money after bad?
    There has got to be better places to invest your hard earned
    This thing owes me inxs of $40K and i can double my holding now for $400
    but your doubling your holding in WHAT?
    Please someone give me a reason to do so.I cannot find one.
 
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