RE:RE:RE:RE:RE:RE:RE:RE:be careful what u wish forFrancois33 wrote: Everyone wants to lower their cost average without new money, this is not the point.
Are you ready (in the actual context) to put 5 000$, 10 000$, 15 000$, 20 000$ of what's left in your account with PLI.
Lost enought already, context has to change. This will be a very miticulous decision, on my side.
Francois33
Francois33 I don't disagree with your principle. However, I think that this is a question for each investor to answer for themselves (e.g. whether or not they want to
continue to invest in this company under the
new equity structure, given the recent events). However, different people do have different criteria and time frame in which they make their investment decisions.
My thoughts is that while each take time to decide, it's important to stay focused on the more pressing issue, which is the decision to buy the rights offer or not and if yes, what is the necessary (or the best) plan that will work for each person's situation.
In my opinion, even if one is to decide to move on completely in the near term, it still makes sense to try to reduce the loss as much as possible by participating in the rights offer, as presented in April 15 PR.
Realistically, I see very little possibility of the refinancing (closed on April 23) being un-done, or reversed, after TMX granted their approval and AMF's uneffective cc yesterday. For the retailers, their options are thus very limited. GL!