question about asic, page-23

Micky - if you're in that portfolio bracket - maybe you can help us with any funding requirements for the EGM?!!!

Most of us have lost so much on this sucker that we'll be doing a sausage sizzle at the local petrol station!!

My 'callEGM' email is on a couple of threads!! lol....

Olive - back to your first post - I am pretty certain t4p lost a heap on the way down when he WAS supporting it.

He probably made a lot on the way up, but lost it and more coming back down again. I do believe that.

I also agree in retrospect that he, and some of us also were far too bullish. BUT hindsight is a wonderful thing, and if we hadn't had a world financial collapse, who knows - Pensador funding may have happened, and it might be anentirely different story today.

It might have taken us YEARS longer to work out that Smyth has't acted in Shareholders' best interests at most times!

Anyone know what they spent on hiring the private jet to fly the board and bankers to Angola?
Maybe we'd have more than 300 grand left if they'd done things slightly differently.....

Perhaps not whacked millions into Fortitude recently, to ensure they DID have funds enough to keep the doors open longer.
They could now sell some assets or Fortitude shares instead of a 1 for 1 raising -
or God forbid, the Directors could exercise some options to put some cash in the coffers!!

Oh dear!