Good time to buy in?!, page-57

indigo,

""no speeding fine for a drop to 1.2""

More often then not when a company places stock it seems the share price generally finds it's way back to those levels. Reason being, shareholders take often up their entitlement hoping to make a quick dollar and then sell as soon as the stock becomes available. There will be no speeding fine because ASX understands that this is a normal occurrence after a capital raising.
That is what has caused the share price to be sold down to these current levels. It was always going to happen. For those who thought it was a good chance for a quick profit to flick them out would be disappointed. Those that are currently sitting there at 1.3c and 1.4c are those that took the chance for a quick turn. Now they wait hoping for good news so they can fulfill their goal.
It's a shame that we sit at these levels because the share price has held up reasonably well given the time it has taken to get the news we have been waiting for.
Management were caught between a rock and a hard place . Cap raisings are a necessary evil . The timing is always critical. Had we not been forced to have one now I believe the share price would not be sitting at these current levels. We may look back in a few months time and kick ourselves for not buying more at these prices. Always a hard thing to do when ones patience is being tested.

So we are all forced to wait and wait some more. Hopefully Trevor's patience will eventually be rewarded.