ion looking very sick, page-4

G'Day Busterup,
I've got no idea why ion has retreated so greatly. Dividend has been announced, as promised, at 6 cents.
Ion is getting a lot of newspaper brokers giving it a 'sell' tag with reasons given being related to the companies debt levels. A company director has recently offloaded two thirds of his 600k holding. That is a worry without knowing the reasons why.
I have kept my holdings and am contemplating another purchase, when...I'm not yet sure. I obtained the companies investor relations officers number today and will contact (Rick Nagul) him before I go getting in any deeper.
I'm still hopeful of some kind of recovery. I hope this won't bring me undone.

Any comments very welcome.

Regards,
Snake.