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FXThanks for the response. Yes what you say does makes...

  1. 413 Posts.
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    FX
    Thanks for the response. Yes what you say does makes sense.
    However for what it is worth I think the stock not being on potential speculators radar screens is still a bigger problem for the progress of the SP than "the shenanigans" (which is not to resile from anything I have posted in the past on poor governance standards and the need for improvement).
    I note that prior to posting this morning there are only 120,000 shares available below 10 cents (this represents less than .01 percent of issued capital at 30 June 2012) and the only other shares on offer are priced well above where the market has been in 2012, namely 410,000 at > 17 cents.
    Jukes may have a lower cost base than me and be a bit more disciplined in his acquisitions, but again for what it is worth I am prepared to speculate further by accumulating when opportunities arise below 7 cents. I bought a parcel at 6.5 cents last week and my average price is now at about 6.7 cents.
    If RB is correct (a big "if" I know) and there is an announcement of some further progress in Singapore that causes even a small bump up of the SP...then there will be a big smile on my face.
    I guess I'm just a glass half full kinda guy, which attitude certainly helps keep me sane with this one.
    Kind regards
 
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