LOI extension - pros and cons, page-31

Interestingly, this poorly received announcement has had an inverse effect on the buyer/seller ratio. As the SP falls, the market is slowly finding the price at which it sees value - the parity point between supply and demand.

We are not there yet, but it's evident to see that the lower we go, the more demand rises and the offers decline. At 33c, we saw over 5 times as many stock on offer, and at 32c we saw 4 times as many. Now at 28c, we see 1.5 times as much. This 26/27c may see the return of a buyers market at what the market perceives as value.

All IMHO of course - and lets wait to see the bids upon open.