Thanks for the input Pinto but I find your comments a little...

Thanks for the input Pinto but I find your comments a little innane.

Firstly, there is nothing wrong with taking money off the table; particularly when it is profit. Remember that this was a bonus issue for us at 13 cents. I sold my allotment out of original holdings this week for 20 cents. That is a 54% profit. I now hold exactly the number I held before the allotment.

Secondly, they issued 94 million shares. If you think that none of those who received them are going to sell you are kidding yourself. This will push the share price down. it may not go down much more than 18 cents but it is still down.

Thirdly, the traders (and there is one in particular whose favourite number of shares to sell is 115,384) will be spooked by it and in turn push the price down. I agree that this won't last but if it does I have the further opportunity of picking up shares around 13 cents.