Thanks for throwing in your completely unbiased views Chairman...

Thanks for throwing in your completely unbiased views Chairman Bill to inform us of how heartened you are that they will keep the money to pay your salary instead of distributing to loyal shareholders. Heartening to who??? Certainly not to anyone who is not an employee Bill!!!

Capital raising idea is absolutely ludicrous!! They go on about supporting the subs so they dont have to raise capital at the bottom of the cycle then turn around and say, by the way we are thinking about doing a capital raising..............AT THE BOTTOM OF THE CYCLE!!! Why????????????????????????

Also, why are they providing for tax when they have nearly $23million in accumulated losses as per last half yearly? How will they have a tax liability?? Nextly, how do they expect to pay dividends in the future (and when does this mean 5 years, 10 years, what??), the company will never have any retained profits to pay any dividends form, they only know how to accumulate losses!!!

Anyway that is my rant for the day after this very disappointing announcement, cant see why anyone would now by shares in this company, well not for the next 5 years or so...