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WASL
23-10-2006, 10:22 PM
Hi All,

Is anyone following the progress of the Axiom Energy float. Bit late to participate as offer closed 20 October but its listing on ASX (expected 31 October) will be interesting. They hope to (& certainly will) raise $36m to build a biodiesel plant on land leased from Toll at Geelong. Expect a stag market but I will not sell (unless someone offers a stupid price) as it looks like a good long-term (un-sexy) investment.

Comments - observations welcome.

By the way - enjoying the quality posts on ANG & ITE. Into both and enjoying the ride.

Best of luck as always

WASL