Hi AllI know that some chins are a bit down at the moment and...

Hi All

I know that some chins are a bit down at the moment and that is only to be expected with the modest increase in the SP. However when you look at was to come in May after the DRAFT Final Report there really wasn't too much to be expected was there?

1) The Final Report is expected 1 to 2 months after the Draft ....that puts sometime in June.
2) The NVDL deal isn't going be concluded until late June at the best, maybe early July.
3) Directors options at 6 cents expire 30th June
4) Bill Gates visit to Oz 28th May
5) Trade sale discussions on going

The only thing that I can see happening to generate momentum in May is a series of roadshows and presentations to Brokers, which from my reading between the lines will be happening in the near future.
Yes, I too am disappointed that the SP hasn't been able to breach the 4 cent target and stay there, but as was pointed out yesterday 1 pip a day puts you in a very good place in a months time.

kippax