Ann: Close of Entitlement Offer and Subsriptions, page-3

I think the 40% shortfall sums up what is the general opinion of the way the whole ABU saga as been handled. It is no good having a promising investment if the Management is not up to the task. This mob is just going round in circles chasing it's own tail and going nowhere fast. They then need to raise more cash to pay the unearned fees they are paying themselves, people are tired of the whole charade, at least I know I am.

This does not bode well for holders, I know there is a lot of optimism about ABU going forward and SP's in the 60c - 90c range being bandied around but if there is no faith in the company to make money for the traders the SP is doomed to stagnate or drop as holders turn to more prosperous investments. I am cool with the fact I refused my entitlement, as this company appears to no longer have the small investors interest at heart it is know more a large holders game plan. Hope I can break even soon and get out for good. The whole deal seems to be issuing cut price shares for some to make a quick killing on while the rest of us suck it and see.