Ann: Notice that defeating conditions to takeover bid freed, page-24

I never for one minute thought the Chinese were idiots – they have played their hand masterfully – put a bid
down – extended the bid – extended again and now they don't have to buy 50%.

They have picked up some nice stock from the arbs, retail and now Caigen and Strizek.

You will have noted that on yesterday or the day before the stock went from 64 to 68 in one move and then bumped along at 68 - trading 6 million shares.

The last free ride for the Arbs!

I wonder what the bidder's next move will be . . .