Capital Raising, page-54

Nice to read Moneybag's posts at a leisurely pace these days rather than rushing to read them before they get moderated. Makes for a nice change. And yes MB I'm the first to admit that my lenses may have a slight rose tint, then again I've always been a glass half full person. maybe because of that I have also bought more shares in the past on the basis of statements made by our CEO which certainly have not come to fruition but I think that's now been well covered. Rightly or wrongly my finger will also be poised over the buy button again next week. You either believe in the potential of the people running our Company to pull us out of this hole or you don't. Again, there are no banks or anyone else trying to shut us down.

In the current quarterly, we are encouraged to listen to the recording of the last AGM and I have done so quite a number of times, both before and even more so after our CEO's latest behest. Addressing current liquidity Mike Mott says "...what I can tell the investing community is that we do have a number of options and I think they bring value to the Company on a long term basis because of the strategic nature of a number of them and I/we are confident of coming to a favourable outcome in the near term." Now this comes from the guy who masterminded IDG coming on board so I have no reason to doubt him. Of course the question is what affect will it have on current holders but I also don't believe we'll be diluted into oblivion.

We'll get funding, but as he also says, these things have a cost. So be it. We can then finish the redom process and maybe see the red ant achieve a reasonable valuation. Being listed on the ASX is doing us no favours at all.