re: re:looks like dog ship madmacs - it smells sweet still when...

re: re:looks like dog ship madmacs - it smells sweet still when you walked in it at 2.7 cents and it still sticks to the shoe mate ;-)

Not a dog at all this one - the quarterly report on page 2 where it mentions "base" is likely what has caused the unrest - cap raising lights flash and of course people expect such things to be at a discount.

It is an interpretation thing - can be read 2 ways - a base for further acquisitions might mean they add profits over the next 12 - 24 months to that base or it might be interpreted as a raising around the corner.

I don't know - but I know which direction I lean to.

Happy to hold - but might be p*ssed off if I had got in at 15 and been stopped out as forward calcs with all acquistions aside do favour a price up near 20.