Well at least I got something right on the trading front paps: realised a loss and rebought lower. I see the difference as a capital return :P
Who knows what will happen. I don't see the markets returning to the fear of 2008 as credit markets are not freezing this time. These ups and downs are just illogical.
I'm up to my eyeballs in losses on GBG like many others here. All we can hope is that markets stablise and management FINALLY deliver the project on the THIRD BUDGET!!!!
A vote of confidence should be restored if the underwriters take up and the retail shortfall and George Jones steps up and takes up his full entitlement. Off the top of my head he has 20million or so shares. George has previously bought substanial amount of shares on market, its been a long time since his last purchase. Time for management to put their money where their mouth is - all is not fine and a substanial amount of LT holders are bleeding and losing faith.
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