Ann: Trading Halt, page-222

hmmmm - one would have to sit and read a list over a bottle of red for that one:


how about a start here --

taking part in the raise ---

bigger kitty


the above also pertains to any director of course


where it really gets sticky is if they have information that we don't

then participate at a discount


Now - I am not saying anyone would of course - but, you did ask how it 'could' benefit.


Let me let out a tip here --------

watch out for zero firm information
watch out for just how much goes on inventory build
watch out how much goes to 'other uses'

and, if there are no real concrete contracts -

watch out for directors taking part or trying to take part in the raise


stand back, analyse and put 2 and 2 together and remember - above all else ------- this is a discount price.


all the while - go back and read the reports from the AGM --and, remember, remember - it was only November.


to me - this is an absolute classic case where our Chairman and directors should be clearly 'independent' - ie. not have large amounts of shares and not have business connections that we deal with and not have massive rems.

That way - you get some assurance that things are in your best interest and not any particular individual or group.