egm updates, page-167

Ravi you wrote:

"my quote, .... "From my understandings, Cottee wants to consolidate shares."


your quote, .... "RC agreed with the questioner that, any consolidation of shares would be , at this point in time, be put on the backburner. "

From what you state, is my quote correct or not ?"
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What you fail to copy and paste was the rest of my post that reads as follows:

"RC agreed with the questioner that, any consolidation of shares would be , at this point in time, be put on the backburner. And the reason he outlayed/gave was to agree with the shareholder asking the questionm that he didn't experienced and sp improvement in the past where a consolidation took place, NEVER. The sp usually after a consolidation has been put in place will invariably head South. NOT NORTH!!"

Now if you were to read my full post you would have also realised, as to why Cottee is not in favour any longer of a consolidation of shares.

He clearly stated, as I have said all along, that, consolidations in the majority of cases if not all of the times, will do/offer nothing positive to the shares of a company.

As for me replaying to your post sooner, you have to realise that I went to Perth for about 5 days and that I could not get my laptop to work. Besides, I was enjoying myself too much during my free time to be sitting in front of the computer, especially when I was getting back to my room well after 12 o'clock midnight and beyond.

I was also trying to get in touch with the CEO of another company that I am invested in, and was ready to fly out to Broome, if necessary, if he was there. Unfortunagely though, it didn't eventuate.