Monday, March 18, 2013

Sold Digistar-or - 18 March 2013

Digistar announced Rights Issue (RI) with Free Warrants on 27 Feb 2013.  The ex-date was on 11 March 2013 and I received my digistar-or units on the 13th.  Since then, it has continued to drop from its peak of 10cents to now 6.5cents.  Seeing the troublesome process of buying the rights issue which will be converted into warrants, I have decided to sell it off.  Current Digistar paper loss stood at above 30%.

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