Ann: Change in substantial holding, page-11

She wont get to 50% even with an 8c bid imho.
At this rate she wont get to 30% with daily volume at 60M with bidders buying above her price still.

At some point in the next 2 weeks she will have to either -
a- up the bid to 5.5c
b- start negotiations with twiggy
c - start offering large holders 6c-9c offmarket
d- move to spill the BOD by an EGM motion and nominate her BOD nominees

So ladies, we are headed to an EGM unless FMG counterbids,
FMG dont even need to counterbid at this stage. FMG is in control with the large stack and best hand.



The market will start realising soon that AGO may stay listed under the control of the 2 great ozzie families, the Hancocks and Forrests, and maybe multibag higher upon a recap/debt wipe once the director nominee battle starts up.

The volume is telling us the remaining holders are not interested in 4.2c or even 5.0c.

that why I HOLD LONG, HOLD STRONG!