Its a good hunch that that the company will change main business activity IMO. Medical man has left the new directors have experience in mining industry (not medical).
Announcement on 5 Sept 2011 Section 1.2 Use of funds (re capital raising) 30% will be used to identify any potential new busnisses. That I believe is the key they are in the process of identifying potential new businesses.
I cant see any other industry but Mining considering the history behind the two new directors which have recently jumped on board.
I would expect now that the capital raising has been completed things will get moving along IMO.
I hold.
FER Price at posting:
1.5¢ Sentiment: LT Buy Disclosure: Held