re: Ann: US$20.9M Debt Conversion and additio...
I put this to you that critize, why would Noble increase it's stake and why would DECOpossibly follow suit, sure those 2 companies would effectivly controlTY, is that a bad thing? look at what Gilbertson did with JMS, sure the existing shareholders were diluted to something like 13% but the shares went up 300%, maybe, well not maybe TTY will be used by Noble as a vehicle for better things for all, Noble could have left us all with nothing, but they continue tp pour money in, are you guys smarter than them, with respect to production we did have and are still having an unprecendented wet season, as Tony Abbot says S..t happens, and the following is an example of how it does:
Cattle Guards
Australian government at work You will love this one, I haven't stopped laughing For those of you who have never travelled to the country , cattle guards are horizontal steel rails placed at fence openings, in dug-out places in the roads adjacent to highways (sometimes across highways), to prevent cattle from crossing over that area. For some reason the cattle will not step on the "guards," probably because they fear getting their feet caught between the rails.
Last year, Kevin Rudd received and was reading a report that there were over 10,000 cattle guards in NSW & Queensland. Graziers had protested his proposed changes in grazing policies, so he ordered the Minister to fire half of the cattle guards immediately!!
Before the Minister could respond and presumably try to straighten him out, Minister for Employment Julia Gillard, intervened with a request that before any cattle guards were fired, they be given six months of retraining.
And now she is running the country.
TTY Price at posting:
32.0¢ Sentiment: ST Buy Disclosure: Held