Ann: Rural Services Trading Update , page-77

Whatever happens happens.

If hybrids are converted prior to an announcement of a sale you will then know that the deal about to be presented will be a real stinker for all holders - the buyers will be avoiding having to pay out the hybrids at face value once converted. The SP would collapse completely in that eventuality particularly if the ex-hybrid holders attempted to cash in by selling their new wads of ordinary shares by dumping them on the market en-masse. Instead of losing most of my investement i would be resigned to lose pretty much everything at that point and ex-hybrid holders would not be expecting any worthwhile return at that point either. I would hold on and vote no just on principle and for entertainment value.

If hybrids are not converted then it is likely a reasonable deal is on the way for ordinary holders to consider.

I hope the 2nd one happens.

In the meanwhile where is the futuris sale?