Ann: Change in substantial holding, page-8

An announcement on our major Beehive partner should move our price up quite usefully, I would expect, and any whiff of serious negotiations at the TS JV meeting would be high octane stuff.

Having thrown in the towel on the takeover bid, I agree that Mosman are now just trying to grab as many of our shares as they can before our price bolts.

A neat little strategy for them, if our rising stock precludes them from getting control then at least they can make a few bob by flogging our shares in the open market.

And with their derisory 5:1 ratio then they won't have to print off too many shares.

A nice little fundraiser.

It must be strange that now holding 17m of our shares that they would actually be hoping our share price increases so that the value of their MEO trade investment rises accordingly.

Topsy turvy times in the Mosman RTO saga.