consolidation, page-6

Share buy-back is great news. With the way the SP reacted we won't have to pay too much for 9.5%. Buy-back makes good sense up to 17-18c.

I'm not sure why we're so upset about the consolidation. If it had of been the 50 for 1 mentioned a few months back I could understand, but 10 for 1 keeps the number of share on issue at a good amount IMO.

We can still have big SP moves at $1.30 and 74million shares on issue - 67million if buy-back is filled.

We want a good investor and if the consolidation is what it takes let's do it.

Not sure about a consolidation in readiness of a capital raising. Isn't a capital raising and a share buy-back a contradiction?