Ann: Proposed Restructure for CYA, page-3

At a glance looks like a cross between the styles of WAX and WAA. Difference is at current prices buying CYA gets you a cheaper entry price.

I think there will be more than a couple of cents in 3 months from here with the following assumptions 1) the ASX can at least maintain current levels and 2) that you don't accept the buyback and keep holding.