Ann: Trading Halt-FAR.AX, page-56

Benaud,

Consolidation will not really make any difference, except provide more space for the SP to fall.

GR said that overseas investors do not trade in penny dreadfuls as such, so that will be the only purpose it serves. However, if the monster is really the size it is made out to be, then the SP will rise to the point where are no longer a penny dreadful and without any consolidation.

Imagine $1 or $2. having said that, I better get ready to duck for cover else I'll be shot down.

With regards to the the CR, Potter is handling it again. No doubt they are going to under write the CR. Well, I think for them, it works this way, get a lump sum payment for handling the CR (millions), take up all the excess shares, the last time was at 8c, sell all the shares between 8c to 12c and down to 9.1c (all at a profit) and with the last one gone, phone call to FAR, start again with another CR at 8.5c.

Thank goodness I sold my trading parcel at 12c.

AJIMHO

KKW

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