anyone got a better sugestion ?, page-7

By the way. just noticed in sectin 6.4 of the targets statement, that TPT will give a "Notice of Status of Conditions" on 11th March (so at least we have some date for next news!!), which will state:

- Whether the offers are free of any or all of the conditions
- Whether so far as TPT knows, any of the conditions have been fulfilled and
- TPT's voting power in JKA

It also states that "If a condition is fulfilled (so that the relevant offer becomes free of that condition) during the offer period but before the date on which the Notice of Status of conditions is required to be givn, TPT must, as soon as practicable, give the ASX and JKA a notice that states that the particular condition has been fulfilled".

As this has yet to occur, I would assume that all conditions are still yet to be fulfilled. Apparantly TPT can waive any condition, but if they do not and the conditions are not fulfilled then the offer will lapse (effectively at TPT's discretion) and one of the offers does include a change to JKA's capital structure.

If the offer lapses, it does look as if you have accepted the offer, this is the only way TPT can revert back to their old holding. If offer concludes and they are at 10-20% they are a minority interest, but if it lapses then we just go back to 4 months ago!!

We know we will have info within the next week to 2 weeks to identify what will happen and hopefully draw a line in the sand as current situations benefit no-one.