Ann: Change of Director's Interest Notice- Mi, page-16

re: Ann: Change of Director's Interest No... austted,

I cannot see any other plausible scenario, and don't recall seeing one recently. Is there another scenario? Do the maths.

Allan Gray supports in principle a PXUPA conversion, just that they expect to rape the hybrid holders. It would be a major change in tack for AG to invest further in PaperlinX. First loss is the best loss.

I've expanded upon this theme with figures at
http://www.paperlinx-sux.com/2012/10/where2now-2-meet-coastal-investment-mgt.html