Ann: Change of Director's Interest Notice, page-37

It's a bit tense here at the MCG. Holla, Cotchy, Cel6 and I are having a refreshing chardonnay in the Long Room with the Tigers up by a point. I have to say that my companions are more affable in person than some of their posts suggest.

It's interesting to hear of The Doc's portfolio. He does not lack courage, and on paper he has been a very successful Norwood investor. The only problem, hypothetically, is that if the portfolio is subject to margin calls there might arise a case of forced divestment of some of the stocks. In the case of Norwood there is probably little to fear, as there is no feasible path to selling 100 million shares.