Hi Manukes,
Sorry for the sarcastic reply to your comment re the broker's forecasting....
As is evident from the replies, this one has turned a bit ugly and the shareholders (some have held for ages) are just fed up of the management and their nepocratic ways...the sp reflects all the doom and gloom and languishes at half a cent (0.5c).....the new offer is at just 0.1c above the sp and I will be surprised if any one takes up on that offer...so when a broker reports that the sp is going to hit 10c, it can release the nasties in some of us...
If it hits 10c, many of us may not need to work for a very long time...so it is most welcome...but don't buy on some broker's recommendation....there is a lot of good stuff to read on this forum and go through it before investing....
Ann: Offer Letter to Shareholders , page-19
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