to balmersday

Hey, thanks for below response.

I don't hold and I'm not really looking to but had noticed sp and vol and couldnt find any reason for it myself. I had wondered if it was an insider but you've helped to partly squash my curiousity.

cheers
rc



Subject re: anyholders know what up - raceyred
Posted 29/04/05 14:43 - 4 reads
Posted by balmersdog
IP 211.28.xxx.xxx
Post #583444 - in reply to msg. 583415 - splitview

Hi raceyred

Here's a report from a couple of days ago

Someone maybe showing an interest in Ashtma

It's a wonder that those placement people aren't hopping out

Getting sued by its' offloat Austin Eng but is piddly amount

Normally dead quiet in the market nowadays

Haven't got any money $300k Mar 05 + placement which they have almost spent

WME - WEST AUSTRALIAN METALS LTD
West Australian Metals Releases its Third Quarter Activities Report
26/04/2005 7:41PM

Since a subscription Deed signed on 10 November 2004, Western Australian Metals has an exclusive right to invest up to $1,000,000 and not less than $500,000 in shares and convertible notes in Asthmastop. These funds are to be provided in tranches subject to Asthmastop achieving agreed development milestones. However, on 7 April 2005, WME paid $250,000 for 2,000,000 convertible notes to fully paid shares in Asthmastop at an issue price of $0.125 each following completion of Asthmastop's new laboratory in Perth. On 8 April 2005, WME placed to non-related parties 14,989,923 ordinary fully paid shares at 2.4 cents per share to raise $359,758.15 less costs. Unfortunately, Legal proceedings were initiated by Austin Engineering in the District Court of Queensland for the recovery of $83,570.88 plus interest for claimed overpayment of costs related to the Austin listing made to WME to be aggressively defended. As for exploration activities, the company reported that Leonora failed to delineate extensions to mineralisation.Third Quarter Activities Report



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