re: Ann: Investor Strategy Briefing presentat... I have hopes...

re: Ann: Investor Strategy Briefing presentat... I have hopes that the share price is going to take off tomorrow. This strongly positive report from the company confirms the view that this stock is enormously undervalued.

As I mentioned in my last few posts I was in the market looking to return and fortunately I did, thanks to the big selling in recent weeks.

I get the feeling that the recent weakness was caused by one major shareholder selling out. There was no significant shareholder notice so the seller presumably owned less than 5 percent of the shares but something like 12 million shares changed hands over the last fortnight. In the annual report only two shareholders were below the five percent level but holding shares of that order. Dancetown held 13.4 million shares and HSBC had 22 million. It is my guess that one of these was the seller. Bad or unlucky timing on their part but if it was only one large seller then they are pretty much gone.

So if the seller is finished and we are now looking at the response to this positive announcement I am hopeful for a big day tomorrow.

GPASAS