whats happening, page-2

mate, the company is under various obligations as a listed entity to keep the market informed. All material announcements are placed on the asx website and should be available through the company specific announcements page through your online broker. You are able to contact the company directly yourself if you like. Contact details are on the asx website. Although generally speaking directors (if they indeed speak to you) will not let you know more than the company is obliged to disclose (which will be on the asx website). Not sure if you are a newbie on hotcopper. My advice is take absolutely no notice when someone says something like, "this will be in the teens within a week" when there is no fundamental basis to make such a suggestion. We are currently in a brutal bear market. I have sold out of these for a big loss. Sure if the company makes some great announcement about debt reduction through fundraising etc and more guidance about earnings, then there is a possibility that the shares will rise. However it is almost impossible to value a company like this (uncertain future, and uncertain profitability) so really noone knows where the share price is going. For me there is too much risk with this one and I am out. Good luck to all holders. Hope for your sake the share price rices. Although hope in this market is rather useless.