where is santoo ...Hi volcano87, nice to hear from you mate and...

where is santoo ...

Hi volcano87, nice to hear from you mate and thanks for asking!

hope all is well!

I have been offloading my kaboko position since shortly after the quarterly and from yesterday I am totally out.

Hence I was not posting or logging to the HC threads much!

Reasons is the delay in finance deal, I have made end of this year as the time to re assess, I have previously stated that December 2012 will be the time to make a decision.

It is clear now that this will drag further, and I do stick to my plans, regardless.

My opinion has not changed about the company or the management and this is only my trading/investment strategy so no advice given!

The finance deal look a little bit shaky now since there are problems regarding the ASX waivers, I have never liked those floating charges or the first ranking security. so in a way it is good on the ASX for checking this out. although I totally understand the management position on being keen on finalizing the deal.


Anyhow, all is good, if the situation changed and the finance situation becomes clearer then a new decision can be made, but a new one on its own merit next time around.


Be Happy!