belair mentioned that most people don't know much about really...

belair mentioned that most people don't know much about really what is going on....well in fact that is the same for every stock

do you think the retial investrors really know what's going on at coles or at BHP...derrrr I doubt it.
same for tee. As to gesaf well we have to wait for the EGM to find out their plans, put stumping up $9M is a pretty decent wad in a penny dreadful for only 40%.
Interesting that this year in 3 months Beam has alrady delivered 7.5M in sales contracts with telstra...how much more will they deliver by years end??

It's a spec or penny dreadful class there are ones that rise...PDN was a spec penny dreadful (1.4c when I was first tipped and well I never held it did I!!) and so was OXR (jumped ship in the 10c range whoops!)...get some good management good business plan and some financial backing and then they finally move.
Just look at WMT, PEN and BLR recently.

Good read in the BRW executive rich may mag about the stories of success from some of the companies where they almost went under, these mgt put their money and faith in the projects and their business plans and off they eventually took.

Ian May was not the MD to do it- he had his chance and failed....and I been to his presentations, he didn't have the clout and he certainly was not after investors interests......now seems we have some new management coming...notice that Ian May no longer signs the announcements :-)
Whatever has happened these boys have pushed the share price north to get it up and then a deal has come...nice .....

I will be voting for approval for them...much rather have more potential future dilution with cash in bank (note tee can still pay back the convertible note and then no shares are issued!!!!) and new management but price at double last month and on the way up than have back ian may the price slayer.