capital raising, page-53

I think you will most likely find the sp to drop intially to around 75 - 72 - people wanting below that short term might just be a little too greedy. I see this going back to the mid/high 80s fairly quickly.

A CR was on the cards in our faces form months ago - still the timing of this came out of left field for me. I thought it would come late Nov. After the AGM.

The CR is almost the amount of current shorts outstanding. Not that I think more shorting will not occur short term - but I am more likely inclinded to think come mid Dec/2013 this will qucikly rise to at least double 75c. They have shorted the crap out of this stock - now they will want some big returns - after perhaps short term scaring a few more retailers to sell.

I hold more confidently now than last week - that is for sure.