where are the buyers, page-14

Rumbai12

I am not aware of any top 20 shareholders who has stated that they wish to sell. I think we as a forum drew some conclusion that there must be someone in there wishing to sell. The last published top 20 was in May so unless someone has gone and looked we cannot just assume that. There are from memory 4 larger top 20 and I haven't seen any movement in that then there are a whole lot that range from 600,000 to 1,000,000 - I never read too much into those players as they could even be SMSF's that have to sell to liquidate assets as part of the requirements.

My view is that this is like most spec shares at the moment anyone without a war chest of funds is being looked at as having a possible Cap raising and huge dilution.

I dont currently doubt management but we are due information.