Aquakid,how many times do we need to correct your posts? "China...

Aquakid,

how many times do we need to correct your posts?

"China announced last week that its economic growth slowed in the second quarter, as massive stimulus spending was scaled back and moves to rein in soaring property prices started to bite.Gross domestic product in the world's third-largest economy maintained double-digit growth for the third quarter in a row, expanding 10.3 percent in the three months to June, according to the National Bureau of Statistics."

http://www.google.com/hostednews/afp/article/ALeqM5j5UvolmzMW_EvrS3Qjap3We3088A

Just because Chinese growth might slow slightly doesn't mean their economy is contracting.

Sure there is often initial pain for shareholders during a successful capital raising. I'm feeling a bit of that at the moment. There may be more pain before the end of the retail entitlement offer on Friday 6 August (by existing shareholders selling a portion of their holding to pay purchase shares at $9.40 under the 1:8 entitlement).

Most likely about a month or so after conclusion of the captital raising the shareprice woud have moved ahead, with a company that is now less risky to hold, with better recognition in the market, with higher cash backing and even closer to acheiving production and sales goals.