Hi RalphWhat are your thoughts?Key issue now is obviously the...

Hi Ralph

What are your thoughts?

Key issue now is obviously the bridging finance to manage NWC, so that the business can remain a viable ongoing concern. If CBR obtain this I would expect the situation to be a lot rosier and a swift reversal in the share price from these lows. If this isn't obtained its further dilution and that $1.41 scenaro changes.

Either way I cannot see voluntary administration being a likely concern, nothwithstanding the fact that current NTA per share is 0.38 now.

This may be a trading 'plaything' for a few weeks - so I will continue to purchase at the lows to get the weighted average down further.