predictions today? n or s?, page-4

i think it will continue its down trend , and may test her previous low of 13c , a 100% fib retrace, the key terms are as follows

The key terms of the A$300 million Facility are as follows:
+ 9 month term expiring on 20 February 2010, extendable for a further 15 months;
+ Secured facility with covenants comparable to those in Goodman’s existing common
terms deed poll;
In conjunction with the Facility, the Lenders will receive Options granted over 414 million
Goodman stapled securities at an exercise price of A$0.30 with a two year term (Options

gmg has to go back to mqg in feb to ask for the extention on the 300mill. facility , this is where gmg falls in the heap, on what terms is mqg going to give her the extention,i.e another 400mill. shares to extend the loan , mqg is pretty much got them by the "you know what"
i think a 9mth term was rediculous , but in the long term i am sure gmg will come back strong , no doubt, i bought at 38c saw her go all the way to 50c , and then bailed at 36c for a small loss