we are so missing the real point.........., page-36

No Sam Savage,

I'm a private shareholder and I own 90K shares...... but thanks for the compliment, I'll send out a resume's.

If you read some of my other 76 posts re: AIO, you would know where I'm coming from.

I really don't think that Asciano would like me pointing out how they may have taken advantage of (INCLUDING POTENTIAL COLLUSION) deficiencies in the current law.

My point is that there is a bigger picture here...... it's a bit like the underarm bowling incident. Yes, it was wrong, yes it was shortsighted, yes it was immoral and bad sportsmanship...... BUT....it was legal at that time.

THESE LAWS NEED TO BE FIXED, SO THAT THESE ACTIONS ARE NOT LEGAL.

Two other points that can be included:

- Directors need to give adequate notice before announcing a major adjustment to their shareholding during a capital raising period (would have thought that should be covered).

- Pro-rata cap raising must be exhausted before any other option. That means that the existing shareholders should get the "first bite of the cherry" PRO-RATA! Under Asciano, PRO RATA has been the, exception -not the rule.

Any thoughts from others?

Cheers,

John S.