First Corona Cloud and Corona GTS, page-22

I think your 100% correct Cbyrne.

I would say that ann was thrown together fast over the last day or 2 working long late hours. Perhaps the 6 million droped and sour investor mood the previous days made them fearful of a SP collapse this week or at least worthy of some insurance against it.

Remember the ann to extend was made on Monday the 11th and it's likely the decision to extend the CR was made at least several days before that. They must have understood that a significant carrot was needed to push the SP enough to get bums on the CR offer.

So..... if we know that the last ann was made quickly with less information then we all hoped, and we know NOR knows it needs a big carrot for the CR to float, and we know that NOR has known this for the last 2 weeks.

Is it possible that the last ann was not really the one they had in mind to really move the SP north for the CR but just to calm any panic this week ?


Again if you look at the device scap ann it would also fit the above category of ann. Hardly the sort of thing you would hang your hat on to rally the troops.

Slim argument on the thinnest of margins and perhaps clutching and straws I admit. But what else do we have to do right now ?

Perhaps it does not really matter. They have enough to push forward the next quarter regardless.

Onwards and upwards at any rate