Ann: Preliminary Final Report, page-7

nothing greenhorn here, the catalyst is the redbrook at threshold. 

the issue has always been the ceo unwillingness to pay dividends, and the movement by redbrook either takeover or change of policy perhaps. ? At near 20% would want to see demand for director appointment and influence. 

thats the bet, nothing greenhorn about it.

What the ceo doesnt appreciate, IMO, is that if the stock was paying dividends, then the sp would rise significantly.  Add credability, and typical dividend yields. Meaning that if the ceo wanted to sell some of his stock, he could get a lot more than PER 1.

The company making a solid profit this year, following spending on refurbishments. Good investment  on infrastructure, but needs to understand capital markets better.