I am preparing my head for a 20c CR. Can’t seeany other way,...

I am preparing my head for a 20c CR. Can’t see
any other way, that will still leave this company
independent. The danger is that management will
again go for a tentative figure to be raised and
we will be in the same position in 6-8 months
as we are now. I thought we may be able to
stretch the number to 25c, but trading during the
past week has put that number to bed.

The other danger is that Rennie will “cut and run”
to avoid heavy dilution and settle for a “horrible”
deal with prospective partner/partners.

Just the thoughts from an over committed
shareholder. Wish I was in a position to take
advantage of the CR, but that maybe just
throwing good money after bad.