Ann: Capital Raising , page-15

It is very likely that there are backroom deals being done here. The EKA, AUT and ADI saga is not over yet. The big winner here is the ATO with the "swapping" bringing on capital gains tax implications. With ex ADIers reinvesting in EKA and AUT in July it means any sales or buy out takeovers will incur a second round tax bill at the top rate. I'm still angry that the directors saw fit to give out a 30%+ overnight profit to "outsiders".