Discussion on SP, page-576

Quiet times on the thread this week...

So, for shitz n giggles, I thought I would have a bit of a look at the trading behaviour since the high of .775@ 20/04.

As of today's current trades, and I will reference the current trading price of .32, APPROXIMATELY 273 000 000 shares have been traded.

The differential from the high to our current price is again , approximately 59% , to the downside.

Shares at issue: 907 266 067
Shares traded ; 273 000 000

So, the % of the register traded is approximately 30%

The amount of trading DAYS to reach this price is : 68.

Loss of 'value' since the high : 60%

So, and again these are back of the napkin calcs, we have 'lost' approximately 60% [59] of the highs since the 20th April, with approximately 30% of the register being cycled through, in 68 trading days.
There is no need to post the loss to the MC itself since the highs, as it is clearly obvious.

My data was taken from Commsec IRESS, and I used closing prices and with NO VWAP, no allowance for pre/ post trade auctions, just a closing number. It is all an approximate, as I too keep admitting.

There is no point to my post , it is more for discussion and to wake those following , up from their slumber.

Hopefully , we will see some sort of guidance from management shortly , just so we have a clue as to what forward projections might actually be.

It too would be nice to be informed of what is happening to the cash at bank before inflation and rising costs of production, erode it to oblivion.

At present, if the total CAB was issued as dividends, the current SP would likely remain intact under current trading conditions... [my thoughts only]

I also spent a number of hours tracing the top 20 holders in the register, and although the information is all over the place and somewhat cryptic, the intersection between the Chinese government, the residents of boards of all of these companies, and WHERE they are actually registered , and their business addresses, provides interesting food for thought.

Their financials too [where it can be found] , provide interesting points of consideration too when it comes to who MIGHT be selling, and who MIGHT be buying, if at all.

*Might be worth holders sitting down with their favourite beverage and doing a bit of googling themselves during these cold Winter evenings, and see just where the money trails lead...

To be honest, if we are not being hung out to dry , things could point to the positive.
However, if we are being led like lambs to the slaughter without any support , then that's REALLY disappointing, but I doubt it so far...

Anyway, lets see what the 1/4terly brings, whenever that is released...