may move up today, page-3

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Why will the underwriter's buy now. I don't understand your logic. They will have to buy heaps at .27. I am sure many have not subscribed to the entitlement offer. So it is good if the underwriters pick up the short fall of multi millions of shares. They will then ensure that the price does not crash and infact will play games to increase the price. I was entitled to 70,000 shares. I bought yesterday 70000 @.275. If the price moves up over 30 cents by monday I will subscribe to the entitlement by BPAY. If not I will hold and not take up my entitlement. In this case I have lost only $350. But I took the risk due to the upside chances.