Granted the placement at 4c would lead to an initial lowering of...

Granted the placement at 4c would lead to an initial lowering of the SP, but not necessarily all the way to the offer price. Someone was very desperate to unload stock at bargain prices, i managed to pick up a few more this morn and will also get my full entitlement next week in the placement, providing theyre trading above 4c! There is still interest in the stock as all remaining 10k worth of stock this morning was taken.

I just get the feeling good things are around the corner finally for this company sometime soon...