Could be an expensive mistake!!
Some lucky holders will have managed to offload their AYNO's and then re-buy the AYNOA's and effectively dodged a bullet.
Having said that, the whole company is being priced for future administration anyway, so we all may lose?
I swapped out of the heads into the oppies, thinking that if they turn this around, I would have more chance of making my money back from the the leverage they provide.
This of course is technically correct, but really bad trading! I should have recovered what I could and moved on to a better prospect. Relying on hope and the 'turnaround' story has never been a good strategy for me before.
Time will tell.
Milesy
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