"not only the 15 million in the bank they also have access to convertible bond facility up to $80 million, so they are well placed"
I'm not sure that the bond facility is available to them any more. IIRC there was a lower limit of 13c, as well as some sort of time limit between pull-downs. And with the crisis in financial systems, the bond facility might not have access to the money any more for CTP.
12 per cent higher this am..good news coming, page-29
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