i thought the recent cap raising purpose was to cover short losses on current contracts what the instos(who participated @ $2.00) forgot was that new contracts are to come on stream(2005onwards) post more cap raisings and plant expansions
by now one would logically think that the reduction in eps and surprise exit of mr salthouse should have been priced in
those who purchased b/w 1.50-1.60 and hold for the long term may be well rewarded
company has strong mkt positions
do not hold but cannnot justify fall in share price from what was once around 2.40 to 1.50
ION Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
