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new issue ann, page-3

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    re: new issue ann.option conversion jc It appears there were some 4c options convertible by 30/9/06.I take it these may well have been some of them.If it was a straight issue there would definitely be questions raised but with a reasonable amount of cash in the bank theres no real need atm unless they finally get around to the equity issue required for Perkoa.

    d.
 
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