where to next?, page-1606

Its actually quite surprising that there isnt already a trading halt? I would have thought that the loss of their anchor investor (Canopy) who is referred to in many of their corporate presentations is price sensitive and materially important to investors. The fact they vanished so rapidly and were willing to take a 50% haircut on their stock value is also a mystery, to say the least.

I think AC8 will have to put something by 9.30am Monday morning otherwise there will be bedlam in the markets.

Having said that I think its wise we stay calm and not panic sell on Monday morning. We really ought to give Ido Kanyon and Andrew Chapman a fair crack at trying to turn this around.

I think it will get a lot worse before it gets better, but I think it will eventually get better.