short term target price 5.8 c?, page-5

at the moment Hodges is off the radar, we have had ann about massive increase in size of resourse and the share price has gone down. the case study should have been out in 4th quarter, but as asual it has been delayed. The management had an opportunity to drive the company forward early last year, but have failed to capitalise on the positive share price of 40c. Now most of us sit here at 8.5c waiting and hoping for some positive out-come.

Also did they really think that they would recoupe the $3m. so there is going to be a capital raising coming up because the cash at the bank wont last long with the huge salaries at admin. same old story.