Ann: Market Update, page-8

I thought the shares were really going to get hammered today, only down 14% so far. Given the announcement basically says that we will not make any money this year at all, and we are going to write down our assets by an unknown amount.

When I first read that I thought we were headed for free fall. Mind you I suppose a bunch of people got out as the price moved from 70 cents to 60 cents over the last month or so.

Given EOFY time now though, this could get punished even more if somebody decides they do not want it appearing on their end of financial year holding statements.