capital raising, page-30

TCG, I can realate to everything you say and must admit that I sold off some of my options last week. ARU made up over 50% of my holdings and I was feeling a bit vulnerable. Now that the capital raising is out of the way (they always hurt) I feel much better. It feels good to know that there are some investors with grunt aboard. I figure that whoever bought 18 million will know what they are doing and that they wont be trying to dump them in a couple of weeks. Anyone with millions of shares will have difficulty moving them without driving the price down. Out of the 18.5 mill there might be some smaller buyers who hope to make a quick and small profit, but most must be in for the long haul. I bought some more shares today.

I am fit and well thanks (just bought a home gym). I might try to catch up with you for dinner in a restaurant at the valley sometime soon.

cheers