CZD 3.13% 9.3¢ calzada limited

Ann: Notice of Extraordinary General Meeting/Prox, page-12

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    re: Ann: Notice of Extraordinary General Meet... I would have preferred either an 11 or 12 cent strike price for the first tranche or alternatively, an even split between the 9 cent and 20 cent tranches.

    But, all we get is an up or down vote.

    If shareholders refused to approve this deal would Williams continue? I just don't know. I do think that the deal is in the ball park of reasonableness, and I think Williams will prove effective as chairman, so I am a "yes".
 
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