Ann: Response to ASX Query Letter, page-31

Don't know - that's really and literally the 6.4 million dollar question here isn't it...... On the one hand you have many on these threads with obvious and clear intentions of endeavoring to scare monger anxious investor's so as when these companies re-list there may be some quick opportunities collect some cheap shares and for the no doubt quick bounce off these lows. Why else would these SUB- sub investors have wanted to play a part in HDY in the first place - unless there was a fair bit of upside from the .04 original consideration levels.

So what I would think is how much lower would you reckon we can go before the obvious ' oversold ' realization's kick in. I would dismiss many of these posts as being presented with an obvious intent. Why else would these same posters be found posting on the other companies threads with their unfounded fear campaign when they are not in fact holders of that stock. You don't see me doing it and I have invested several times in VIC over the last 9 months and know the stock quite intimately.

As I mentioned in my post, I would think that it may be the case that we are close to the re-listing of all 3 companies with HDY being the only one at this point looking like further questions need explaining. VIC looks clear and MTL - IMO should have already been clear but for the fact these investigations have expanded onto VIC and HDY.

I would hope and think we may see some further positive developments by end of next week. .....