value creation or destruction, page-4

i think your comments are not well founded.

the stock had run up to 15.5c without a deal, just on market speculation. the directors would have known that in order to do an energy deal they would have to comply with asx rules, which includes raising sunds at 20c or better.

if no deal had been done your shares would have been much worse than your current price. you could have applied for more shares via the prospectus which all shareholders received.

at least now they have an interst in 5 projects and if they have any success the shares will rocket.

appro 55m shares listed giving a market cap of only $11m, tightly held as can be seen by the lack of turnover since relisting.

i think the directors have done a terrific job and i am sure you will when it shows some positive results.

fyi i owned before comsolidation and bought more.