Ann: Half Year Results Commentary, page-19

Hi AS, where is the incentive to have a position in the first place? I could only do a $7,500 parcel, 1.9c isn't a bad deal especially when first proceeds are to pay off that pesky loan (Should have been done ages ago - but I digress, a conversation for another time). Buying on market contributes Zero to the company and I have some belief they are doing the right thing and my funds are as safe here as with any other spec stock.

Be aware that 'revenue' can lag the sale by 90 days. A certain company I do business with tried to push it out to 120 days! There is still wages ,stock, maintenance etc that needs to be managed until the income arrives and a whole extra shift would not be peanuts. Just training alone can be huge

Very simplistic I know but I am ready to believe the above is some of the reason they are being wary of over committing existing funds

And not to forget, participating helps reduce dilution in your position...

Anyhow, just the way I see things

Cheers, DYOR etc, NFA - and any other acronyms that should apply