company owes s/hprogress announcement, page-10

Devander, yes someone has probably been selling down over the past 4 months, but someone has also been accumulating.

The emotions and veiwpoint of shareholders displayed on this forum over the past 4 months has been up and down. One month there is a run, and we are counting our potetnial millions, and the next month the company is doomed.

The recent selling down is a combination of:

a) Most were expecting an announcement by now and with it likely to be postponed people are finding somewhere else to park their money in the meantime.

b) With no announcement, people are assuming the worst.

The thing that concerns me the most at the moment, in relation to the share price, is the fact that there are a lot of signs that are indicating the general market has been over confident and not factored in the full impact of the GFC. If there is another hit to the world economy, then it could sell the share price tumbling along with the prospects of securing finance.