Bullish Chart, page-35

On the flipside we could just as easily drift back to 10-12c if management don't capitalise on the momentum. The market has shown very little desire/strength (don't read too much into the buy/sell depth IMO.....gone are the days, these are just ASX casino smoke and mirrors nowadays) to chase to shares. OA's could still very well end up worth zilch if we don't recieve anything of genuine substance in the coming few weeks IMO. 6-12 months time is when i see the real action starting and thats when the FPO's/OB's will shine. Although it'd be great to see the funds from OA conversion i don't think it's a necessity now given the recent commentary/announcement and therefore wouldn't be holding my breath on an extension.....yes the funds would be attractive but let's not forget dilution at 12c is another factor to be considered if there's genuine interest from bigger players willing to pay up longer term.