Could be an expensive mistake!!Some lucky holders will have...

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