To a large degree I share your thoughts. I am frustrated that...

To a large degree I share your thoughts.

I am frustrated that cash is down, debt up and creative accounting is being used to create the illusion of profitability - not cool.

Directors may have bought a tiny parcel last year, but this still hasn't convinced me to load up. I have and continue to be a long term holder, but would love to top up. At the moment though its about hope and being prepared to risk (lose) what I've outlayed (not invested) - thus far.

Im still upset with the Director loaning $2M. At the end of the day, its not transparent and Im sure commercial rates would have been cheaper. Why are we paying to line the his pockets. I surely wont be voting favourably at the next election.

Also, dont be fooled by the illusion of more sales. Like everything, these guys will be pressured to reduce costs as volumes increase. Surely there would be an expectation that with any efficiency gains, some cost savings will be passed on. So volumes may go up, but margins will fall, for sure. Besides, we've never, ever, know what those margins are. Hmmmm........?

Unless there is more news, good news, I fear its SP will fallback into the 7 cent range.

All in my opinion of course.