Creating a TICKER widget ( need help )

[TimberFloorAu]

We have the ticker widget working fine.

http://www.australiabound.org/forum/ticker/index.php

However I am not 100% on how to pop in the latest posts or threads.

I have it configured so that:

The links appear as such:

<ul id="news">
    <li><a href="http://www.australiabound.org/forum/the-barbie/19064-how-come-i-aint-allowed-to-play-games-anymore.html">How come I aint allowed to play games anymore?</a></li>
	<li><a href="http://www.australiabound.org/forum/the-barbie/18958-can-you-tell-male-from-female.html">Can you tell male from female?</a></li>
</ul>

However I would like to pull the latest posts threads dynamically.
Any help appreciated. This will go on forumhome, so assuming we could possibly just link as such...

http://myforum.com/forum/threadid= blah & forumid=foo

I have read lots on here, but cannot seem to get right code, I dont want to use rss