SP3,
What about Larry. He held even whilst he was being knifed by some of these fund raising supporters.
What about Halcrows. They were the largest single holder on the register for over 12mths until promised developments were not met.
Both of those were the 2 biggest contributors (in $ terms) to the capital raisings across 2 years.
The other con note holder was not a strategic investor. They took the Rod Johnson note out becuase ESI did not have the $2M at the time to pay the note out. They were always going to unwind on the market.
Its all about the expectation.
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