chart update, page-2

Sharemarket was originally a way to access capital and that is still the primary function. Although we also use it for wealth creation. KAB now has Noble and will soon be in production. They claim to be fully funded. Sp is now irrelevent.

Sp is free to fall. No incentive for it to rise. Management get paid regardless and Noble will fund production.

Interestingly March 31st went without a hiccup. So Celtic was either repaid (impossible) or extended for a rather large fee again (most likely). Will be interesting if their is a 3B and Celtic selldown.

Beleive it or not, their were some holders welcoming Celtic on board and applauding management for innovative funding lol. But they are all long gone and no longer posting. So either part of the sting or badly burnt by reality.

HC is a great source to warn people when history begins to repeat. Tread carefully imo. Plenty of sharks about.