Ann: Wavefront Investment Update and Capital Raising Plans, page-232

Evening all

This whole debacle is just chaos to improve the interest of those steering the sunken ship for reasons unknown but guarantee someone gets a benefit from demoralising the SP.
Will some order return going forward or will the ship stay put?

Just because some funders put up dollars doesnt reallý mean jack. I know the argument is there about making money, but how long will these guys wait? Not too long from experience, just takes a little 10 to 20% push up, create a liitle volume and sell back into the momentum.....out.

The issue here is around the truth of techs future, given current setback or deliberate setback, one must wonder which.

I wonder about the transaction for 10.5% of wbt from a stated joint interest..... l would have thought given the investment some disclosure would be needed. Maybe for prospectus? But comes across sus to me. Maybe this person wants to recoup a failed investment and sees a way out or is really positive on outcome. I wonder what is known we are not privy to? The real report maybe? Not saying definatively but as the saying goes if the cap fits...you get a sense.

I do sometime think that playing roullette is far safer bet than asx, at least there are clear rules of engagement. The reward and risk are known and all players get even chances.

To those that have held, i hope you get just rewards, but it will be a long time around.18 months maybe plus i think.
Im putting what l have in sox drawer although will probably pick up some oppies via CR just in case the tech can suddenly be tested...

Something to contemplate.:
Given the actions and attitude of this wbt transaction, do you honestly think that a budding startup tech would risk being dealt with the same, DD would IMO having one running for other options. Noting other previous mining companies are coping far better with the transition and they are now competing.

Stig