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H0lly sh.t......

I'd like to thank the HC rampers to keeping me out of this one. Nearly bought in but when I saw the infamous rampers (one in particular not hard to work out) i kept my money in the pocket.


I hope for investor's sake the SP doesn't take too much of a battering. The China deal is still signed of course... unless.......... http://www.sharescene.com/html/emoticons/ph34r.gif

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In reply to: jj0007 on Thursday 17/11/05 06:49pm

I have been lurking with mild interest but so far am unable to understand what is happening with this company can anyone give give a synopsis,so as to bring me up to speed.

Cheers http://www.sharescene.com/html/emoticons/icon14.gif

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i think this reverse buyback stuff is just corporate law jargon, its just a reverse entry in the books(shoved in some contra account hehehhe), the fact is they have not raised funds, yet they have an extra 11million shares issued dirting the waters(now locked away in cupboard, out of reach), what a complete an upper f...up. I hope asic grow a backbone and do something asap - this simply is not right.
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In reply to: jaded on Thursday 17/11/05 08:45pm

I get a laugh almost daily from the machinations of our legal system...why is this one different.

But seriously, i have witnessed too many 'sure things' come unstuck in the legal arena.Too be honest, i don't know enough about the case. Do you to be so sure?

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QUOTE (awol @ Thursday 17/11/05 07:36pm)

Can't see anything that supports your reference in the last two pages http://www.sharescene.com/html/emoticons/icon14.gif


I think this board has done exceptionally well to leave the pallister case out of discussion.

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