how to read between the lines, page-8

Nova,

I think you are being too kind. I don't think it will be a buy at 5c. That's only a 50% drop from its current market price.

Look at previous raisings..and where we are now.

I don't know why anybody would buy now to dollar cost down the average price of their VCR shares as you still need a market to off load them (currently higher than where it is)....... The assumption here is that the share price (some how & miraculously) is going to go up.

Far better off buying into a share with some semblance of a chance of growth / dividend & sell these. You can offset the capital loss of these VCR against the gain in the other shares.

Come on management show us your mettle. Buy shares & be a significant holder of this great company, with the fantastic future shown by your great wisdom...No?

Actions speak louder than words. Rememeber who offed a significant parcel inthe mid 30 cents bracket. Can triple their holding now...Once again the answer..No

However I still hold, cause I'm a believer :)