Ann: Protean Build Update, page-46

Cashngrab one thing the company should NOT do imo is reissue the CR in response to the drop in SP. I have seen this mistake before in a company I held at the time (NAV - Navigator Resources, a gold stock) an it resulted in a death spiral - if the SP has dropped because of the CR and the company reduces the issue price in response, there is a high probability the SP will drop further in response - it will not end well. If there is even a hint of them doing that watch the volumes go up as holders panic in anticipation. Atm volume has been low. Would have been better if volume dried up yesterday but it will be critcal that volumes dry up Monday/Tuesday. What is needed imo to support the offer price from management is more positive newsflow.

Cheers, Sharks