conclusion, page-3

I agree BUT I do believe that most posters do not appreciate the size of 'the elephant in the room'....that's the state of the world-wide markets.
Listen to the various business news bulletins...it's just depressing...there is still fear of a second 'down-turn'...let's hope not BUT the result of all this negativity is that those with cash hang on to it or if they can turn an even slightly doubtful stock into cash they choose the dosh.

I think our directors must have a herendous struggle to keep the financing where they need it.

Some have asked why they didn't do these recent raisings earlier when prices were better. A few months ago the market was more positive, very few were talking about a reversal, so why rush?

Who knows, in a month or two we could be thinking how good it was that they raised the cash when they did.