Ann: SP1 delisted from ASX, page-287

LOL -you must have missed the memo

ASX wanted their security of costs on an ongoing basis, estimated at between $8-10 to run the case (from open court)

ISX would've needed same

Now run the numbers with $15-20m required, and appeals that could take 7-9 years, with further mounting costs.

Cashflow would not allow anything else to get done - no growth, no expansion - everything on this one "bet", where management doesn't control the sub-variables, as you do in business.

All the bet hinges on one guy with a wig.

Yep, easy decision.