ann out - asx waiver , page-61

it is common knowledge by now that Z offered 50c to genorah back in 2011?

Z is getting Gens shares cheaply, low because they had mis-managed the market place and their cash position, only have themselves to blame.

they can pay quite a bit more for the Asx minorities,and the total purchase price will still be cheaply acquired.

But again, the higher the base price which the market will add to the credibility of Z positioning, will mean a premium above that.

Options look extremely attractive as well. NKPO (10c) NKP.