Hi rod,
In the boadroom address you stated that they would look to do a cap raising after the last quarter. I am long term believer in the project, but am currently, except for a few small holdings, on the sidelines.
You have to question why westrip are selling, they are clearly killing the share price. The fact they are willing to get whatever they can for there holdings is worrying, even more worrying is that they still have 26 odd million to unload. Until they are off the registery I won't be buying. They will push the share price much lower than current prices.
Can you answer why they are willing to sell at any price? It makes you wonder about the prospects of the company.What do they know that we don't, or can you give a reason why they are selling?
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