Richardson now owns nearly 50% of company after capital restructure and there is ongoiung change in business plan. Hot water sytems and solar technology may provide the impetus for SP appreciation but the raising was at very low figures.
Somethin may be up - buying hit 13 yesterday in relisting. May be worth a punt at the right price given that SP appreciation would be planned for future raisings in 2007.
No harm in adding it for now to watch for footprints. 7.5/7.8 now - may be very cheap in the months to come if you ahve patience. Not holding yet and will wait for further depreciation but I feel again a bullish statement is on the cards.
Big gaps within the SP volatility can provide major % gains with ease.
Richardson now owns nearly 50% of company after capital...
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