Ann: Change in substantial holding , page-10

I guess if Weiss has sold out to LG (and it looks that way) then we’ll have to wait potentially another 3-4 days before they file a “ceasing to a substantial shareholder notice”, which interestingly would take us just past the now extended March 16 deadline.

It’s interesting that the buy side has thinned out a lot today.

The only upside I see if Weiss has sold out is:
- LG still only has 53% and if they are fair dinkum about compulsory acquisition they’ll still need to chase the remaining shares at some point.
- At least we know where Weiss stands.

The extension isn’t unexpected, but I can’t see any revised offers happening now.

I’m not sure we will learn anything new (or positive) from the Half Yearly as it only covers until end of December, so it looks like we will be kept in the dark until the very end.

We’ve been played like a fiddle for at least 9-12 months now, so what are a couple more weeks.