Not wanting to be a wet blanket or anything but that's an extra...

Not wanting to be a wet blanket or anything but that's an extra 55m shares (about 44%) for a 6% lift in share price for purchasing a related entity.

Admittedly a lousy day in a lousy market but the overall market outlook for the next 12 months is now decidedly bearish. Delays or mistakes will be punished in this market and success discounted (Remember the Spring Carnival announcement). Let's hope there's more good news at the AGM.

Sorry to be such a party pooper but I brought last month and as it turns out I could have saved myself 15% (not counting the dilution) with better prospects so I am more than a little cranky with my timing.