t halt, page-46

re: placement:andrewe unfortunately knowledge they are the people who have made money from IBR. if you got in on the float you did ok. for those of us who have held patiently for the last year we have seen little gain if any. Please dont tell me i am complaining, its just the facts.
if you sold out at 90c late last year and bought in again at 60's early 2006 and sold again in may in the 90's and bought again in the 50's a few months ago then you have created wealth.
For me, i have held patiently and not traded and have not had wealth created for me. SO traders have benefitted from the fluctuations.
i am not complaining about it but dont tell me wealth has been created for the long term holders.
If you think that this group who got their placement at 77c will sit on them all for a few years then you are more optimistic than i. many of these beneficiaries take the first opportunity to offload for a nice little profit.

cheers andrewe