Ann: Third Quarter Cashflow Report-APG.AX, page-21

They have needed this 'deal' for years and it hasn't been forthcoming. In fact, pick any spec company on the ASX and if they could get a 'deal' their share price would be higher. It just doesn't look like it is going to happen.

The CFO has little idea. What you have said just confirms it or he isn't confident going forward given he is concerned about the share price drifting further.

The problem is that it is going to continually become more difficult where the value of a company changes by 25% with every 0.1c movement. This cannot continue if you are serious about raising money. Maybe they can surprise us and do something they haven't been able to do in their history and work out some deal and consolidate at the same time. Wouldn't hold my breath. It is on its way to new lows.