raises $8m in a placement and share pruchase p, page-122

Russ: You may need to take another look at the amount of shares on issue (1.5 billion plus), the number of capital raisings (numerous), the lack of factual sales growth activity and the fact that Twiggy is slowly but surely exiting. I am not talking pie in the sky here but l am concerned that other are ignoring the facts. Not one blinkered AHZ investor has even attempted to justify a $160,000,000 market cap - that speaks volumes. AHZ believers are simply talking up potential - the PRR story is an intereting reference point at this stage. I have money invested in this diversified dog but it does not seem to do many tricks.