I'm afraid in this scenario the shareholders always take the hair cut. The only real alternative was that the company was wound up or similar in which cased we get zip.
The company has (or had ?) great potential and assets. Unfortunately when you run out of cash those assets can be worth bugger all when you are up against the wall.
We are probably lucky to be keeping 1/7 (approx) of original share value when it stopped trading.
I know it sucks big time and I'm not a happy camper as I topped up part way down the decline just after the price zoomed up.
Still happy to stay with this company however remain worried about that rapid ramp up in the price only to have administration announced not long after. I guess we are also stuffed now Re Turkey. All IMHO
WAS Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
