re cr, page-4

A CR, give us a break!!

TA 1
FA 0

A CR was the last thing I expected. Just goes to reinforced that TA most often 'predicts' fundamentals. The sp was performing in an odd manner recently, now we know the reason.

My greatest concern is that management recently publically gave reassurances that there would be no further need to raise capital externally. LOL, maybe they regard shareholders as an internal asset. Maybe Madam had Tinkerbell tied up and gave out a good lashing until submission.

There had better be a very positive announcement on the back of the CR, eg some fantastic reserve upgrade, to warrant the expenditure. Othwise, Madam's credibility will probably take another 'huge' hit, even with the long term faithful. Lets all hope for the best.

Seems to me that this lastest little episode merely confirms that the Sleeping Giant is still the Traders Plaything and Madam still swings that lash. Ouch!