good announcements today, page-26

good morning to us hardy few

when will the garbo testing be complete?

i don't know, but the investor presentation said this is a four year project that began in march 2008

it appears we are on target

what about the potential for dilution through capital raising

i believe that's been addressed already in the posts above

while another cr is always possible, there is the very real business of noting sales of brake products increased by 134% year on year

money is coming in at increasing rates

added to that, prospects have doubled for australian sales which does not even begin to address the potential sales from abroad

as for depth and why the seller, well, we could suggest many reasons, but in being brutally honest it'd be more concise to simply say there is no possibility of knowing what other investors and traders are thinking

having said that, i'd imagine there are many fearful investors out there who will sell when weakness in the world's markets appear - and of course there may be those who would like to think of a capper...

me, i just don't know

in the meantime, we have this chart to work with

it basically shows higher high's and low's into a double top after which we remain at a higher low on trendline support