re: interesting ann... - defabstar Me too mate it looked gone a...

re: interesting ann... - defabstar Me too mate it looked gone a few months back.

-They have a new chairman now.
-they were operasting cash flow positive for the March qtr by $1.5m (due mainly to the grand prix),
-have received significant financial backing from the Westminster Group and
-have a clearer strategic visioon for the future as demonstrated in todays announcement.

They only have 25 mil shares on issue I think and believe they will be back at 20c very shortly. I think its a good bet at these levels.