they rely on fund managers to raise capital.....the fund...

they rely on fund managers to raise capital.....

the fund managers want to book maximum paper tax losses for 2012......

you don't upset the people who raise the capital for you....

you let them book their tax losses to the max...for 2012

when the top 20 hold the bulk of the shares and are the money suppliers for your company you take notice.....as you are on notice

its still under the placement price of $1.20 ..makes runs up to it then pulls back......

any buying from now on that pushes increases in holding to or above 1% won't be reported till NEXT week......

any new investors who reach the 5% + mark will not have to report till next week.....

4 Trading days left after today..then the 2012 Tax year is ended....

its got nothing to do with tax that Pdn may be exposed to as we all know they have sufficient losses to end up paying no tax.......

and after the Mess CFE has gotton itself into with the ATO ...I think any company will be wary of signing contracts so close to the end of a tax year......

The placement buyers at $1.20 will move this stock up and down to draw out sellers ...but they will be more than pleased to see it close below $1.20 on Friday.......

after that its a new ball game........