heading to new low again!, page-10

Seriously this share has read like a soapie. I think the main thing here is that management have misguided the market on a number of occasions, particularly with FP (What a saga that was).

The list is quite long though so I can expand if you like...(eg's: excuses for delays in Bowtie West - First they were weather and then the real reason came out that there were delays in land agreements!, The payment for the break fee during the "Merger" with Pass that extracted $500k for Pass due to the break fee payment which was not announced that GGP would pay when the termination was announced). As I said the list goes on.

I have been in the market a fair while and when this sort of thing happens it doesn't matter what you announce because the market doesn't trust anymore. The only thing that will stop the rot is results that equate to physical cash/oil/gas...This appears to be coming, however the small % now destroy the value these results add, but hopefully they restore some trust.

I still have a few options however they will rot if the shares rot. Hopefully the current share price has seen the bottom and some "real" runs on the board are recorded.