share price by cob 17/10, page-46

I expressed my dissappointment at the share price when it was announced as many would know.
I hate to point the finger at anyone but maybe that tells the tale that perhaps management were happy to get a price which seemed too cheap at the time given that it was trading at 60c plus a few weeks earlier.

I never really understood why they gave the stock away at such a discounted price.
Suddenly 35c appears to be a great result for the company.
Not so great for those that took the stock thinking they were getting a bargain however.
Maybe those that were luckly enough to get the placement stock can now ask some questions.
One would suggest the phone would have been running hot this afternoon.
Thank god they didn't do a share purchase plan, otherwise most of us might have spent a further 15,000 thinking it was to good to refuse.
Lets be grateful for small mercies.