Ann: Response to ASX Aware Query, page-18

Mate, if Bell are prepared to charge 5% brokerage when everyone else is paying 1.5-2%, on an issue guaranteed to be oversubscribed, they deserve to lose every bit of business they have. They even charged DGO 4% the day before when they raised the money to pretend they were also "Blue Chip". Maybe that was part of the negotiations, to make Bell shut up?

I wonder if those discussions at 6.30pm were arms length when the chairman of DGO was in the room and a third of the votes belonged to DGO? I'd like to see the minutes of that meeting. Perhaps they recused themselves and didnt attend.

Also, @pidg this is not "most cases" and I at least would not say they have "limited prospects". People are lining up, they've said so themselves.

And why would you negotiate with Bell even if there was some "trailing" first right of refusal. What is a mandate, isnt that something politicians think they have and then just go around doing whatever they want anyway? If not a contract then just tell them things have changed, they're not some "cap in hand" junior anymore and, get on board or find another boat.

A lot of spin in there. Enough said.