Ann: Market Update, page-32

Can't disagree there bakker. Incompetent BS artists is the term that comes to mind.

PET is overwhelmingly held by individual retail investors. Things went along pretty well through the middle of last year but took a substantial dive when Institutional investor, Regal, became involved, courtesy of their provision of a substantial number of share to shorters. History tells us that RI are, to put it bluntly, poison to retail investors.

The tragedy here is while thousands of individual retail investors have been screwed over by one Institutional investor, the boys at PET have done nothing to stop it: not one indication of any sort of support for the little guy.

If Lachie and LF had any consideration whatsoever for small investors they would pay Regal a visit and let them know in no uncertain terms what they should do, and that is recall all shares lent out to shorters and let PET trade on its merits alone.

I won't hold my breath.

Cheers