Ann: Becoming a substantial holder, page-25

just some thoughts.....Key cornerstone Investor - Merchant Funds Management - will have lightened up substantially with that ping up through $4 and briefly over $5....its part of their investment methodology so cant blame them for that...no doubt we saw the beginnings of price manipulation in todays trade - its reassuring however to remember that over the previous 4 trading days with really strong buy and price movements, the ave volume was c.16m shares per day....against 4m shares traded today...Merchant and others have the right to take the profit and they will....looking at the genuine free float here, and the enormous volumes generated this past week, the new entrants have really averaged up which gives you some comfort around what the average basis might be....still interesting that some of the "better" media outlets haven't given it a run...no doubt David Williams and Co. will fix that in short order....good luck everyone