Ann: Introduction of Employee Exempt Share Plan, page-10

The main reason for the SP is that QHL are price takers just the same as a farmer selling tomatoes or spuds to coles, the supermarket tells them what they are going to receive for the produce not the other way around, same as car part suppliers to Ford or GM , QHL are given a price from Lockhead and thats it take it or leave it, we are screwed because they can and always will. Unless QHL have something that no one else has its going to be a long hard road trying to eek out a small profit , tough times ahead it seems and it may be that the SP is exactly where it should be, I hope I'm wrong but after years of dissapointment watching my money evaporate I now think that the market is likely right and I have been proved to be wrong.