wow, page-151

MS has made it quite clear there will be no more placements or dilution until the SP is much much higher

Hi Bas
MS says alot of things, including this.

Question
12. Some shareholders are reluctant to authorize a further large share issue, due to successive placements into lower share prices.
Can Cityview confirm the shares will not be issued at less than 30c as per BRR?

Answer
At the end of the day one can only follow the market. If institutions like Bear Stearns collapse the market is obviously affected.