full year results out next wednesday, page-3

JB Were reported on this possibility on 2 July 2009:
"Event: We provide an update on the potential impairment risk in the August 2009 reporting period for the companies under our coverage. Earnings and Valuation Impact: 30 of the companies under our coverage we believe have some risk of taking an impairment charge...."

They had a BUY on at 29 July and in my view this has been factored in and is reflected in the curent share price. I don't see much downside risk except for normal trading ups and downs. a lot of folk who got in at $1.10 (or less) might be thinking of taking a profit at the moment and once this is sorted together with the uncertainity of the capital raising, the stock will consoolidate around $2.00.

Of course you never go broke taking a profit!