to buy or not to buy, page-124

Hi Trading Wizard.

You seem to be hell bent on making sure the SPP fails. Since you are a share holder why is this so?

Yes it is puzzling as to why the share price is still where it is but I very much doubt that anyone at Intec is propping up the price. I agree with Healyn that there may be a new buyer who eventually wants a big slice of the action.

You say that "you would imagine it will go 20-30% below SPP price at 1.5." Interesting statement but certainly not allowing for any good news between now and the June cut-off. Again it seems you are hell bent on making sure the SPP fails.

Your statement that "They seem to think investors will take up the offer. Very dillusional i.m.o. Get real Intec. " would be funny except that again you are hell bent on making sure the SPP fails.

Also funny that you used my little quip of "Get real" .

I have copied my post regarding Philip Wood's share holding again for you to digest.
Post #: 4048261

Hi Trading Wizard.

Mango, for all we know some could go for the min ($400.00) worth, I think it is. Technically this is supporting the SPP, in reality it is not. If they were all going to support it 100% then they would announce it don't you think ?

Dave did say that the Directors " will individually invest to the maximum extent possible, bearing in mind their personal financial capacity to do so and normal prudential considerations regarding balanced risk-weighted portfolio investment." That does not sound like they are only "technically" supporting the SPP.

I do not wish to drag family members into the discussion but Philip Wood has many holdings and not all in his own name. His son was the youngest shareholder 3 years ago and more than likely still is. How many $15,000s do you think he could scrape together to cover the holdings of his family members and joint holdings?

Get real.

Cheers.