yeah capital raising bit disappointing but expected.either...

yeah capital raising bit disappointing but expected.

either maccas has pumped it from 2 up to 2.40 then sold down back to 2.10 or somebody was buying so they decided to do raising now while share price was up instead of later in year .

my bet is capital raising at 2.10 seems like someone already knows that based on the share price dump down to that value.

also as suspected in my previous post taranaki exploration will not happen until late 2006/2007 so lot of delays happening.

still in for the long term but expect a few ups and downs things not progressing as smoothly as one would want but still great projects and taranaki looking pretty good for growth.