down for the count, page-6

A night of sleep, dust the trousers off and have another look.

1. They made it about us - perhaps that is not such a bad thing as it may put pressure on the 'limp lettuce ' - MEL went on the front foot to a person that has shown to be susceptible to a bit of pressure. Not the way I wold have done it but the dice are cast now.

2. The SPP is starting to look like it was quite a good move by the company at 20c.

Terrible situation for long term holders, terrible. Perhaps some months down the track level heads kept by management and shareholders will be amply rewarded.

Life is full of opportunities and perhaps, this is one.

I am cautious but have opened the purse-strings and intend to move my average cost from 19.9cps to under 15cps. I aim to keep MEL at about 40% of my casino portfolio.

My expectation is to be suitably rewarded down the track.

Good luck to all