biggest scam of 2005, page-14

in today's financial review Page 38; Rattoon Holdings owns 6.1 million shares in TTS. (This holding is also stated in the TTS Annual Report).

I am relying on memory, but Rattoon made an offer to the previous beneficiaries to sell shares to Rattoon prior to the IPO, for up to $3.30 (I could be wrong - can anyone confirm this)?

Anyway, Rattoon (Sir Ron Brierley is involved) has been building a "war chest" recently.

Geoff Wilson (the Sydney funds manager, one of the "Masters of The Market" - in a book) has popped up as a substantial holder with a 8.54% stake in Rattoon.

Earlier this week, Alex Waislitz, son-in-law of Richard Pratt, lifted his stake in Rattoon from 8.65% to 11.18%.

Yes, Sir Ron Brierley and his lieutenant (Gary Weiss) are preparing for something.

I will keep an eye out for ASX announcements of changes to new major shareholders and be ready to accumulate more shares, at first sign of Rattoon accumulation, if any. Just a long shot. Might not happen.