Ann: Response to ASX Price Query, page-10

No notice from ASX on the way down as usual. If MBE does meet the current target or at least within 10% then it will be categorically proven the dump to 4.5c was a load of B.S done by manipulators. The company had a serious issue no doubt but a 66% drop in SP would have been plenty at the extreme say from 30c down to 10c.

10c should have been around the bottom or thereabouts. MBE needed to go north 666% from the bottom to recover back to 30c which was reasonable value if the DCB in Aus had no issues. MBE is a diversified business not a one trick pony as the market valued it.

Good luck to those small traders sitting on near 100% gain, manipulators aside.