cap cap cap, page-2

This trading is somewhat difficult to make sense of.

If Regent are intending on making another bid it is either with or without support from CM. If it is without, I suspect that it may again be doomed from the outset unless the price is sky high, which it will not be in my opinion i.e. not high enough to tempt CM to sell in to the bid.

If it is with CM support and there has been a price agreed, I cannot see that CM would have agreed not to buy stock in the meantime and, knowing the price, why would they not want to top up at these current prices, thus sending the SP high meanwhile?

It would also seem to me that the Board would not want the SP languishing if they are looking at M & A activity.

14000 just gone through at $2.64.

With cash flow all but assured, I cannot fathom why we are where we are currently. Perhaps a combination of all that we talk about here.

Keeping the faith though.

WGO in BCI shopping list.