rights issue28 Jun 2010 22:57
It is shocking to see that they have us by the balls. What worries me is that after investing £7000 in FP 9 years ago, seeing this investment depreciate to £2k, that if I dont take up the RI, will see this depreciate to <£100, lol (I have to laugh).
The problem is this is a very unloved sector, and if I commit another £3k to the RI, are we going to see the SP go into gradual decline, as we have seen with FP, and now RSL? I guess the Clive Chowdary has £50million invested is a good sign, as well as the company says it will have a progressive dividend policy. As a private investor on a modest income what do other people think? Cut my losses and run like the devil, or brave it risking more capital?