upon reflection watso has made some wrong calls on this stock....

upon reflection watso has made some wrong calls on this stock. ages ago, watso suggested that the company would make an issue at 10c - watso was WRONG. later watso suggested that an issue would be made at 5c, and again watso was WRONG. watso's latest call is that an issue will be made at 2c. maybe watso will be "third time lucky".

Looking back at a previous post from watso, he noticed that he made the following comment:

" Those shareholders who are in for the long haul, like Maffsmark1 (heh, where is Maffsmark1, he has gone strangely quiet????), will have to be prepared to keep on contributing a couple of times a year"

and what did watso read in a recent gda report - yes he read that the company will rasie funds in two stages in the coming year (or whatever it was). so it seems that watso was reasonably correct for once

once that buyer for 735 shares got taken out (the big boys at play here - probably a 6ft, 95kg school kid, spending his earnings from mcdonalds), the next level of support was 2c.

mmmm maybe a 2 for 1 issue at 1c, with a free option will give shareholders a great chance to average down