Buy or Sell, page-673

Hi All,

i missed you you all so I decided to buy back some of my shares today. I think Takings is correct that the current bottom is around that 11c mark

So I now own shares in a company which is in jeopardy re it’s cash position

My guess (and guess only) is that they have had trouble for some time in getting money as a placement but as a last resort will pull the trigger on a CR.

i think they know how to get some money - but are hanging out for the best deal and hopefully enough for the re-list. No matter what it will be painful.

As to the future of Magnolia who knows - definitely a while to FID. The value of BH is probably so low now that selling it makes little sense.

So I am taking the big gamble.