Ann: Non-Renounceable Rights Issue Offer Document, page-52

Maybe a little extreme?

Its not going to collapse. Everyone will hopefully be a winner here, The Alex & Board will get a nice little retirement nest egg, drop site will acquire an ASX listed company, name change & new business opportunities in the region. 'We' the share holders if you hold for 3-6 months will hopefully get a 10 banger stock or possibly more in the huge growing tech space.

You can put a negative spin on it as much as you want, but if you don't get too anxious and sell out, then you will be rewarded,

I'm made a lot of money staying around in stocks when everyone else has bailed.

"Success seems to be largely a matter of hanging on after others have let go."
William Feather

It is what it is.

All RTO are a gamble but, when they succeed. & I assure you, everyone wants them to succeed.

If it doesn't happen and another company will be queuing up to get listed into the ASX for cheap.

Glass half full, or half empty. your choice.

All advice in my optimistic opinion!