Ann: Investor Update - March 2013 , page-16

Hi Stayer
Yes still hanging in and kicking myself for not grabbing a few more like you when they were so cheap.
However I have a few reservations of corporate governance with IPP, with the director purchases before the recent rise. I suspect the half yearly report may indicate that they will become cash flow positive in the Jul-Dec 6 months.
If so then we can look forward to some REA type share price performance.
Regards
Westwind