Sundancer30 Sep 2009 13:43
Didn't lose much cash wise but in proportion to the amount put in, I would say it is quite significant.
Cannot be too annoyed about it as this was a highly speculative stock. Though I guess what we are speculating on is the board looking after their shareholders. I am not convinced by the 'the terms of the Transaction are fair and reasonable insofar as its shareholders are concerned' - it just seems to be a common theme.
Even with mind to the shorter term this stock is unattractive - I just cannot see any profit in this and the only incentive to take a punt here would be on any volatility. Would have to be on the back of a 30% plus swing for me!