Ann: Trading Halt, page-15

Same here Rob. I exited a few months ago thinking that the Aqua Phase was a bit pie in the sky, plus not much else happening.

I'm prepared to re-enter, but only just above 8c. I expect to see the SP fall to that level. Many- institutions take up these offers to sell at a profit soon afterwards.

And if you exclude the Director placement, they were only able to raise a meager $1.75M, and at a knock down price - just above the pre-Aqua announcement SP. Good deal if you are one of the favoured ones, but the amount does not show high interest in BOD, despite the good news.

All up, I'll be waiting.