could we slip out of the asx200, page-7

I dunno – I think I’d see us falling out of the asx 200 before our spin offs as a serious failure by management – getting into the asx 200 was a stated aim at the October EGM and for mine – that aim carries an expectation that we would strive to remain in the 200

I still agree - there are great things to come - but at the moment we are without doubt in pre production doldrums but we have also exacerbated that with pre spin off lack of direction– that directionless period between a conceptual thought and clear direction.

I know I have stopped recommending the stock to people I know – simply because I can’t offer any insight as to how the spin offs will go and how many shares they would need to hold to make it worthwhile – I know the number I have will be ok but I can’t in good faith suggest anything to others coz there is no detail.

Management may well be genuinely enthusiastic towards our future and may genuinely feel the best is yet to come …..but unfortunately, the market is either unaware of their enthusiasm or not convinced of it.

At the moment I feel a bit like when I lost` rudder control on me old boat - one of the old linkages broke cause I didn’t keep the lube up to it - left me with several ton of timber (she is not a sleek med cruiser) heading for the wharf .......and all the bloody sleek AND expensive med cruisers tied up there!!!!! Oooooo shiiiiiititwas scaryyyyyy

I can tell ya right now – I was trying my little heart out to give direction to the rudder –and there was plenty of genuine enthusiasm at the helm – and it was pretty damned animated enthusiasm too --- but try as I might - I could not communicate that enthusiasm or direction to the bloody rudder so we remained directionless – and in peril!

Luckily, I had time to chuck her into reverse long enough to stop the momentum so we could let the tide take us far enough away from those sleek med cruisers to get the pick out and hold her till I could rig something up - unfortunately the market is not so kind – no matter how enthusiastic the helm is …if it fails or can’t communicate direction or perhaps worse still – fails to communicate its enthusiasm – the market don’t just let you slip out to safe water till you fix the linkages – it just turns ya into a bloody submarine.