analysis of top 20 changes & conclusions, page-18

I'm not 100% sure that you are looking at the correct top twenty list pesa, I reckon the one you should be watching closely is this one, has it changed much?and if so in what direction?

http://investor.metalstorm.com.au/IRM/Company/ShowPage.aspx?CPID=1688

The reason why I say this goes back to something that was said some time ago now on Yahoo, one of the bashers said this "there is a very good reason why Harmony will accept the condition to go to a secured note position, my thinking is this.

It doesn't really matter to the note holders how much dilution is caused in the normal shareholder holdings, I think their (Harmony's) game plan was/is to keep the company afloat long enough to allow the IP to mature, to a point where it is worth much more than it was back then, simply because it will be certified , they have been doing this by using our money alah the SPP, as I said it will mean little at the end of the day for ordinary shareholders, because they will allow the company to go into administration under the ruse that they can't make the last step to commercialisation, and the directors will say well we did our best, BS, I believe this all may have been planned some time ago now and with the blessing of some Governments.

Up until the point where Arch Bevis witnessed the live firing at Belmont range in Qld, I believe the company was making an effort to get shareholders some sort of reasonable return, something changed right about that time, things changed dramatically, this is when I believe some government intervention took place.


If my thinking is correct then I don't know if MOD was part of this, but it may explain his sell down of his normal shareholding if he did ? it would be interesting to see who owns shares in that top listing of the secured note holders under the name of Citicorp nominees pty ltd.
If this all pans out as I think it may? then I also believe that the US and Oz Governments are in this in some way? they get the IP for a guaranteed price.

Somehow I think the AFHL deal was tied to all of this in some way, I believe that some pressure was brought to unpon the ASX not to give a trading halt when it was asked for by metalstorm? this transfer of a large parcel of shares during this AFHL fiasco was done for a reason, it seems to me to be the mechanism where they can control the SP to stop it climbing on any worthwhile news, just look at the 70 million traded this month, where did they come from? a rise in the SP is something I believe they don't wan't to happen, lets see if I am right in the end?

Call me a conspiracy theorist, I don't really care, but whatever happened was caused by some dirty deals done in my opinion.

note! I still hold but not for much longer.