Ann: Change in substantial holding, page-5

First milestone achieved in April at $20million
"Certain payments totalling an aggregate $15 million by 30 September "
On page 3 of the offer document (whatever that means)
Second milestone will be achieved at $36 million
One can only assume that the have revenue of the another million or so
just in time to all add up
So there is the motivation for the board to recommend selling out
in laymans terms for every 3.2 shares the held at the beginning of spookfish they will have 11.2 shares when the next milestone is announced
plus whatever options
A nice little earner