Ann: Trading Halt, page-21

Mate, my personal view is gold fever centered around the possible signing of a massive international telco as alluded to in a recent presentation. I interpreted that it was in its final throes of possible deal being struck. Depending on what that deal was could mean literally anything, from a small rise and consolidation through to a significant re-rate back towards - or beyond- where it was less than a year ago circa $3.50. Sign more than one of these and we could be looking at something substantial.

I also reckon there could be a short squeeze in play in response to the possible telco signing, the SP was taking off exponentially which can happen when a number of shorters start to panic about the damage being done to their closing positions.

Ultimately it does not make sense that there was something negative in the back ground when you look at the relentless buy up over the last week or so. Cheers