capital raising announcement at long last, page-5

g'day ferrari.

I've made most money from great management. I've lost most money on poor management.

So Focus managment & their credibility are VITAL to my position. If the CEO did indeed say no CR for the time being & 6 weeks later they do a CR, then that will certainly colour my view of them, UNLESS, something substantially different/new has occurred in those 6 weeks to change their minds.

I'm still looking for where it was said. I've listened to the last 3 boardroom radio bits, but still no joy. I'm hoping Thommo or someone else can post the item where it was said.

I'm a BIG fan at this time. BUT situations can & do change. I learn't that to my great cost with Oxiana. I learn from my mistakes. I NEVER fall in love with any stock.

I now continually re-evaluate all investments, when there are changes or new infoirmation (like this potential black mark).

we each have our own investing criteria. Mine works for me. Doesn't mean anyone else should listen to what I say or follow what I do.

For now, I'll keep my powder dry & see what they say, before I decide what to do.

cheers,
ned.