moving forward, page-63

I too can't see the sp moving for a while, and I can't see the options being exercised either, not even by our esteemed leader.

SP continues to be kept under check with some very subtle pressure. And this will easily continue without the release of any real new news, as seen in the last two days were they easily knocked 10% off the SP after hitting 5.4 on Monday.

I also find it intriguing that someone(s) was prepared to purchase 70m shares at 6.5 in March, however aren't interested in buying any more on market at 4/5's. IMO this buyer probably has control (not necessarily ownership) of about 30% of the registry.

Then there was the rush by the directors to award themselves performance rights. why the rush ?

All this IMO adds up to a TO of sub 10, and possibly even as low as 6.5.

Hope I'm wrong, but if I turn out to be right, there will be some very serious questions put to the board.

It's going to be very interesting to see what happens with the options in a couple of weeks. Good luck.