would you sell your house?, page-24

Hi (columbia)

I only have a very small holding,but that is not the point,it is a holding no matter how small.

By the looks of the offer,management get their options paid up by BHP to fully paid shares.If they were free options with a pay by date of some time in the future,they have paid nothing and get $1.30 per converted option = share.

If 10 million options = $13 million for handing over Railway and stitching up CRM and us.

Regards
Westcott.