Ann: Change in substantial holding, page-6

See Westoz’s comments this week following the release of details on the revised scheme:

Page 2 at this link: https://westozfunds.com.au/wp-content/uploads/2020/06/Westoz-Weekly-3-June-2020.pdf

At 3:15 onwards in the attached video: https://westozfunds.com.au/news-and-insights/ozg-company-update-may-2020/

Very clearly they are angling for increased value from the scheme rather than accumulating franking credits, although it does give them a plan B to deliver value if PEP and Apex hold out. A real prospect of the bidders now needing to come to the party rather than risking the scheme falling over!