what happened at the agm?, page-2

There was one angry shareholder John Walker, McLeod stated expected IMP will make money on IPO on gas holdings in USA in a few years as gas is a cleaner source of energy than coal & IMP is building up reserves with warrants granted to Macquarie Bank. McLeod alleged IMP has little debt and can make an aquisition. McLeod admitted after pressure from me that IMP may have done better if held its Beemax 28% shareholding up to buy out by Saudi company.