all over, page-53

I think you have hit the nail on the head. probably people in cahoots want to secure the company for themselves at a debt only price and existing shareholders equity be sacrificed 100 percent. This must not be allowed to happen. While my investment in this is not large shareholders should contemplate a class action to protect shareholders interests. I mean we cant just keep copping it. It probably is in the interests of larger shareholders who didnt bail to start the move and make enquiries with IMF/Slater Gordon etc. Even as a small shareholder if circumstances justify I would probably pay my $500 to $1000 for a class action.

We need to look closely at who was bailing and whether they were linked to directors or financiers. ASIC must get involved with this one as the surrender flag that went up by the company is clearly not for the benefit of shareholders. The Fat Prophets submission provided by a poster summarises the position well and would be an excellant referral starting point for ASIC. This type of thing has got to be stopped to deter anyone else and to make sure that we as Copperco investors are not robbed of our investment and rights. Copperco Shareholders please do not be apathetic. Larger shareholders please make enquiries as to possible actions shareholders can take.