the dumpathon continues, page-2

Hi cabe ...

yes, i guess its not surprising that those sophisticated investors holding a few will dump to buy back cheaper. basic really. although i note the sells appear strategic, one reasoanbly big sell order taking out a lower point and then other wood ducks jumping. probably selling lower to the bloke who sold in the first place.

not sure if you saw the media release from RACS which i posted the other day. quite an amazing statement from them that received very little coverage; and certainly no one in business media has put together what company stands to benefit from this switch to simulators.

i agree, lets get the placement out of the way and see where we are then ... i would certainly be starting to worry if there's not a big push up supported by the new holders. i think they are getting this discount placement for a reason. is this what you are hearing ?

would like to get some answers from management about what's going on. their promised update has yet to eventuate and one worries that by the time they get around to running the stock, no one will be listening anymore. Looking at the announcements they have issued thus far there's no doubt management have achieved great things this past 12 months; worry is that for some reason there's no credibility there due to manipulation of share price over this time ...

hopefuly july 1 marks a new, profitable, chapter.