Ann: Opening Briefing Interview with Managing Dir, page-9

re: Ann: Opening Briefing Interview with Mana... I would wait for the next set of financial statements to see if there are any impairments on the assets. If you are long term investor then NTA as stated in the audited financial statements should be your target, if you are particularly bearish on the sector then perhaps 80% of NTA but selling for anything less is selling for less that what the company is reasonably worth.

Current NTA is circa 50 cents so 40 cents could be a realistic price target. If some equipment gets impaired then the long term target would be less than this.

Shorter term the big sell transactions happened around 30 cents and the big buy transactions happened around 12-15 cents and again at 7-8 cents.

So short to mid term holders may be looking to exit between 15 and 30 cents.