massive buying opportunity today, page-7

Their release on the 22/7/08 says they are aiming for the 7th August for lodgement of the prospectus with confirmation of dates to be issued in a later release. The quarterly says they are aiming for early August.

It does seem like a good buying opportunity at these low prices. But what are the chances of the stock price making a recovery? It does seem hard to believe it can go much lower.