reply to me from michael west "the age", page-9

Pone

You have a lot of faith in this management team. I for one thought that if the ATO case did not go their way the company would enter administration.

I dont agree with you timing is everything and as such delay does not maximise returns unless they are actually getting something done. The easy sale bits have been done the harder asks are now.

Yes they are playing the perfect delay game - Is that in all shareholders interest- especially as most seem to be drooling at the thought of getting RHL to pay top dollar for this. I on the other hand am not that sure that RHL should be so keen. The present management team got it badly wrong IMO and I like what I have in that share and its now a much larger stake than in ELD