Chart - textbook rolling over, page-303

hi leapzig,

hmmm, sort of.

We discussed things that we have discussed here on HC re. larger entities investing in companies. And, yes, there is a hell of a lot of interest around. So - what happens in 'other' cases is that larger investment groups when they want a slice of the action - want it via placement - they don't want to pit themselves against the likes of us - we are fearsome competitors.
However, with the level of interest around, it could easily be expected that if an entity wished a piece of the action - that would more or less be done at a premium - now, I didn't pin down exactly what that meant - although it could mean the obvious.
So, what I got from that is that as we have already discussed here - in a large running stock - you normally get raisings - whether you need them or not - and, those raisings are one of the mechanisms that drive a share price northward at a hell of a pace and to a very high price - so,
my guess is we should expect them - and to look upon them as a good thing.

I just hope they are for a very visible premium - I reckon we will find out - don't know when.

Anyway - I have stated on HC before - that I can live with a little dilution - but, as long as board and management get us over the line with $4 and $8 - I don't really care how they do it.

I felt we were in safe hands today - I can assure of that one.

Pinto