Ann: Capital Raising Postponement and Acquisition, page-5

re: Ann: Capital Raising Postponement and Acq... Interesting sales of SHEOA ... looks like a holder biting the bullet & capitulating to the low bid.

I was one of the buyers at 4 cents ... quite amazing really. If you overlay the SHE & SHEO charts, you see that when SHEOA was last at 4 cents, the fpo's were trading around 6 cents ... A huge disparity!

With expiry not until Dec 2012, unless you are very bearish on uranium & SHE for the next 18 months, then this looks oversold & extremely cheap!!

I was able to pick up some at 4 cents ... very happy with that. Always a degree of risk, & have to be patient, but looks to be easy money in this!