Vested Interest & other matters, page-8

Hi 3500,

Thanks for the maths on this.

The volumes traded in the last day or so suggest to me that the vast majority are holding at these break even or in my case at the 'I'm happy to tolerate a dip to avoid the likely rush to get back in' position. Had this been a CR to support a failing enterprise or a 'pie in the sky' venture, I would have sold and sat on the sidelines.

The momentum, particularly given the strong flow of positive news, is such that we could see sma hardly pause in this market. So yes one could trade and make a few percent and still benefit from the future sp moves (or even hope to get in at 2 cents) , however I have opted to go with the majority and sit on my holding and participate in the issue at 2 cents. As I have said before I will increase my holdings to a 'stop tolerable' level as it rises, which I am confident it will do.