Ann: QGL gains TES Battery Cell OEM Rights, page-19

From memory the majority of this stock is held by a rather small number of investors. From looking at sales there really hasn’t been any big moves. It’s all speculative investors. People who don’t really know anything about the company itself and how solid it appears but rather had a “hot tip” or took a punt. Sportsbet trading. They see the share price dropping, they panic, sell their few thousand, more people see it, more people panic and the price tanks. The big holders aren’t moving. If they’re not spooked I’m not. The fundamentals remain the same and the fundamentals are strong.