Tomorrow will be critical. If the underwriters do not support...

Tomorrow will be critical. If the underwriters do not support the sp it will mean they will be sellers cutting their losses.

I still think that it should be trading 40c plus, but now feel that if there is no support Tomorrow (the closing date for retail being next Tuesday) I could buy at 22.5c next week (serious)

The retail investors have really been done in on the cap raising. There was a negative story written in the Heraldsun by Terry McCrann predicting this on the 18th of August. At the time I thought he was mad for writing it. Now it has come true. Wish I took notice.

http://www.news.com.au/heraldsun/story/0,21985,25943433-36281,00.html?from=public_rss

Extract quote:

"That's close to a first. A company ripping off its shareholders and expecting them to be stupid at the same time."