Ann: Trading Halt , page-9

some people don't read or listen to Investor calls regarding Credit Raisings eg in June here are Nick's comments so Night Stalker your post yesterday is FACTUALLY INCORRECT:

Transcript regarding Cap Raising from June Qtrly Investor Call (1/8/12):

Your next question comes from the line of Andrew Harrington from Patersons. Please go ahead.

Andrew Harrington – Patersons

Despite what I look at in terms of the sums, people keep wondering if there is a capital raising and I am looking at roughly 124 in available cash and 60 spend in the next quarter, can you categorically state that there is no capital raising at least in the.

Nicholas Curtis

We cannot and I think if you understand Australian Securities Rule and Regulations you would understand perfectly well that we are not as Directors of the company in a position to make a comment on the capital structure of the company in the future. It's just not something we can do, so please don’t take that as a no or a yes, it's just outside of the purview of management to turn around and give a categorical forward-looking statement of that capital structures because that would be giving information that is not appropriate for us to publically give. So that’s first say that, secondly I am aware of the chatter around the place about a possible capital raising and I am also aware of the period of shorts there are on stock.

The facts are that we do not see short term equity raisings as useful to cover short term working capital requirements