RE: What to do ? Hopefully this helps someone2 Oct 2020 19:05
This is not correct - You can still buy shares and be eligible for the rights. The ex rights date has not yet been announced and if we were already past the ex rights date you would see the share at circa 50-55 due to the adjustment of share price factoring in the rights in circulation.
There has been some real nonsense noise on this board and ridiculous de ramping without any thought. Of course there is a risk that the longer this pandemic last, the higher the chance of this folding as a company but that day is very far away. In my opinion this is a great price to top up if you want access to the rights. Long term, this is bullish for the share price as the balance sheets are sorted for at least a year and if you believe a vaccine is just round the corner, this might even go through the roof before the rights are issued.