It could well be that Gamerice is not far from the mark. The hospitals may well be jsut buying minimum amounts of Ropren to begin with to see if the stuff has the healing properties as claimed. Now Sicer you said (one of your questions posted in your list yesterday)that why would SLA want to raise fundsif the expected ropren sales in the next 6 months were going to net them $12+ million A$'s. One would think that this would help the cause. On the other hand they are probably going to need that cash. But in twelve months they would be netting another A$18 million. Now why on earth would our great management team want to raise this cash if they had "volume sales"? A$30 MILLION IN THE BAG IN TWELVE MONTHS SAYS THAT WITH ANNUAL COSTS OF SAY A$7 MILLION THEY WOULD HAVE PLENTY LEFT OVER FOR THE NEW FACILITY. Then again they are not being transparent. They want us to trust them with the share placement and the raising but they don't trust us with any information that will allow us to sl;eep at night. I am about to come out of the Frosty state and we have to demand answers such as some of those that Spicer asked. We need info now or vwe move on...simple as that. The markets are cheap with solid stocks everywhere and if we are going to have to wait for several years while our "team" grows up and makes some strategic decisions that actually benefit shareholders the we might as well have the cash in some stocks that are going to be here in a few years...not buried in the backyard of some Dacha in Siberia. Where is the marketing Data? Who is selling what? What is cost of sales? what is total returns? where are the projections? what are the real costs of marketing? Have a look at the %ages taken for marketing in a few years. How is that money being spent? It amounts to millions of $'s. Time to get real folks...this mob is giving us a hiding and we are the bunnies. I am holding a large amount of shares and have been holding because the news is always just around the corner...just. It just never quite gets here have you noticed? Always coming...a bit like Johnny the "WAD" WHEN HE WAS ALIVE. lol. tROUBLE IS THIS IS NO LAUGHING MATTER ANY MORE. The AGM starts at 2.30pm and with the questions that I have we will need a few more hours as they are not going to be allowed to slide around the truth. TRUTH! I got shafted with BNB 'cause I listened to Mr Greene lie to the market...I am not going to let tjhis team continue in the same vein...stand up crew...who is with me ...lets just formulate the correct questions and demand truthful answers otherwise we vote the resolutions down. Why on earth would we want more of Stedwell? lOYALTY? i DON'T THINK SO. Time for change and to get some quality in behind Vagif...he has towed this liferaft far enough on his own...and I mean his own. Let us get organised as a group now. Are you all in?
SLA Price at posting:
23.6¢ Sentiment: LT Buy Disclosure: Held