email with chris cairns, page-8

I note todays post on SS by Karmalocust regarding another email from CC...

While not so with the last cap raising (mainly because shareholders were offered a very attractive rights issue last November), it has been our practice to allow smaller shareholders to participate in a capital raising by way of an SPP - that way the smaller investors get the same price offered to the instos.

Hence my last post regarding further cap raising and stock dilution. Personally I hope price gets above 30c barrier and holds, but perhaps I am asking for too much.

MM