Ann: Consolidated Financial Statements Y/E 30 Jun, page-9

re: Ann: Consolidated Financial Statements Y/... Watchtheeyes,

All conjecture at the moment.

Unlike some posters on here who seem to know what instos took up what and are all day traders in ties i dont think any of us know to whom the placement was provided apart from the 8m to ERM and the 500K to LNG.

the volume since the placement to me is very interesting: either an insto buying up or perhaps general interest in this stock that is being fed shares by retail investors looking to buy back in through the SPP and muscle a small gain. Clearly at 20c post regulatory approval with a major shareholder buying more shares there is going to be buying interest. We shall know with further notices to be posted by LNG, if any.

In the end in my mind the fundamentals of this company are still strong. All the analysis put in by esteemed past posters on these threads will play out as part of a long term investment. Thats why all of us still hold, and I think ERM and LNG both have the same view too.