ye of little faith, page-25

Hi Tradersam,

Yes the rights issue is not good for existing shareholders like myself in the short term. I'd agree that there will be a sell off, but I doubt it will go below 1.4c If it does, I for one will be stocking up.

If it doesn't, then I guess it would be silly not to take up the 4 for 1 offer at 1.4c, or at least that's how I see it.

It's good clear debt, but it obviously would have been much better for existing shareholders if they could have waited for a resurgence in the share price. If all these new developments like the JV etc are only weeks or months away as many posters are suggesting.

It looks like I'll be holding this for longer than I intended. I think I'll have buckley's chance of have my sell order filled at 1.9c, especially since I can't place an order at the moment with Bell Direct offline due to scheduled maintenance. Bugger...