chicken or the egg, page-5

If the jv is out this week then there's a chance the sp is driven back down to below 9.75c. The company doesn't need to take that chance but still give shareholders a chance to send of their cheques and entitlement forms. So I predict next week for the jv Ann. Of course this is assuming the co wants the small shareholders holding onto the stock, who IMO have been loyal holders as little selling volume in recent months. If the 2 mil sell order at 9.7c is an example of the behavior of the sophs wanting a piece of mnm then I think IK would prefer the small shareholders taking up the entitlement offer.