Ann: 1-Page Makes Management Change, Announces Interim Results, page-22

Merchants will not let this linger for years. That is a ridiculous and alarmist comment to make with a further notation that it is best to do an off-market transfer knowing that the vast majority of people on this forum wouldn't even know where to start to achieve that, not to mention the difficulties around it in the current environment. Merchants own 10% + of the securities and don't make money by letting it sit in a puddle.

I would be very surprised if they don't already have a biz ready to go to drop into this once finalised.

Given the machinations of the last 12 months, this is an outstanding result for shareholders and could relist at a multiple of current SP.

IMO DYOR