weg back, page-35

Correct frogga. Interest, and the requirement to be highest ranked creditor.

Clearly our grounds for punting WEG were tenuous. Can you imagine defending an action on "a perceived inability"? Whether that is spin wording or the truth, who knows. I hate spin because it works on the moronic majority.

As for the effect, well it is a positive in fundamental terms. Same as what we voted for, plus $24m in debt funding, less threat of legals. Why can't they just say that?

In any case, I will remind most of you that you were happy once the vote went through. Irrespective of whether this was your integrity or because you blindly followed Tony (well his public line anyway) doesn't really matter.

I believe hoots is right and we will drop on the opening, but in the context of the above, it presents an excellent buying opportunity.

I took his advice and bought immediately after the company saving "Cockatoo Island funds received" announcement. I'm sure you all remember that day very fondly. On that morning quite a few thousand went through under $0.16 after the announcement.

EIM may have puffed out their chests to explain to their stakeholders how aggrieved they were about not being able to trade in PLV. Spin or truth? They know what they are doing. Do you think they will be selling, or mopping up some of the exits?