next oil rush article, page-67

I never wanted to put more money into this stock and going by the result of the rights issue it would seem not many others wanted to either. In hindsight it has resulted in one of the biggest short term returns from a rights issue in the last year..

What I regret not doing was selling my stock on market at 0.005 in the lead up to the offer closing and using those funds to buy them back in the rights issue so at least I got the free options. Even if shareholders sold at 0.004 on market we still would have got the free options.

Lesson learnt!!!!