dilution, page-8

Not bad reasoning Salty.

We'll see Monday night our time Salted one.

Why so much interest again in this dog btw.

Funny how when it starts to look like its going to fundamentally do something out come the negative vibes.

Is it just the nature(trading that is) of HCites!Not much point in pushing any kind of line of a trader as its now in halt mode.So the market can have its say post the annmnt.

But I still keep thinking about the timing aspect of this as well.

You can add to this why they would annce to the European markets first on Monday night which is how Im interepreting the timing given the UK annmnt.
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3 October 2008


Gippsland Limited ("Gippsland" or "the Company")

TRADING HALT

Gippsland Limited announces that it has today requested the Australian Stock Exchange to apply a two (2) day Trading Halt on the Company's shares pending the release of an announcement relating to a share placement details of which will be released on
Monday 6 October 2008.

RJ (Jack) Telford
Executive Chairman
Gippsland Limited
www.gippslandltd.com
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If it was to be another working capital placement why not do it on a friday late.The shares are already issued via the placement.

To my mind there's too much synergy in this timing now with the debt/equity finance.And I havnt known of too many working capital issues/placements done with a company requested trading halt unless it was a biggy.

d.