interesting interpretations, page-24

flinders,

Your contention that just because you hold shares you should believe everything that is said about a company is just not sensible.

A sensible investor would always be on the watch for signs that things were not quite right.

I was a seller prior to the trading halt. If it wasnt for the halt, I would have been well and truly out.

It sounds like you think that CDU is facing problems because of the state of the economy. Such problems were in fact predictable. As I have said many times back into the distant past, the whole idea of wasting $20 m on buybacks instead of just bedding down the extra capital needed for the mine, was not at all sensible.

The placement could be easily done now if the price was right. $2.50 would get it done.