RE:RE:WHY INSIDER NOT BUYING?Trappers wrote: Insiders don't need to buy ever again. They just stole the whole company, and our life savings. All we can do is keep voicing our outrage to the authorities and politicians.
Trappers You should do both. Do all you can in filing your complaints, but also consider how you can get out of this bad situation with least amount of loss, in case the security authority do not intervene.
As I told others, if you really don't want to put in new money, then sell some now to raise the money for the rights offer of your remaining shares, it may not go very far in lowering your average, but it's better than if you do not take part in the rights offer at all.
If the big funds are closing their positons as charm7 posted earlier, then retailers may have a chance to get their subscibed amount filled
closer to 20 than 6.7, which should help lowering the average cost considerably.
The risk, of course, is further bad news, instead of good news by 2H 2019. However, it's a
potential risk (meaning it may
not happen) vs. the refinancing plan that has already happened.
All the best, Trappers.