my post number 6265693 was a warning !, page-15

Businesses run on the day-to-day and review at weekly, monthly, quarterly meetings. CC can say whatever the hell he wants about cap raisings but you can't take him at his word because SNAFU's always happen, things get pushed back, stuff goes over budget and then only gets detected at monthly, quarterly meetings of the various committees etc.

I remember last year, or was it the year before, CDU's inimitable Chairman hauptmanlietnantoberfuhrer Wayne Mcrae categorically denied he'd do a share placement at $2/sh. Then 3 weeks later, whammo, placement at $2/sh.

Take a grain of salt.

The fact is, if it is more advantageous for a company to lock in willing participant in an equity raising at a reasonable price so they can be debt free, they will take it. I'd say they won't do this till Baker Steel has run its gambit and the threat of further tricleing share sales is over. But who knows when they will be?