Ann: Intention to Make Takeover Bid, page-167

I don't see any bad news in a foreseeable up to first quarter of FY24. Just saying. They also intend to put 175 staffs off but also intending to sell the mentioned contract manufacturing division. While packaging division is looking weak, around the globe, recycle material comes down, especially when UK decided to export to Turkey for free, and Turkey is collecting it to reprocess them, hence price has reduce to $250 pound per Plastic Recycling Note. In a way, that's becoming Sanjay's interest, because that was his bet to transform virgin plastic into recycling plastic. It will be the producer of virgin plastic may cop the headache with higher resin cost due to oil price. There maybe a bit of confusion with sp due to the transition in the plastic industry, but as soon as UN sign the international treaty, things will be gradually be fine. Only if they can do something about 175 staffs, but ever since I know Pact, other than a lot of upset, all the staffs got turn down or even go to court (in NZ) get settled down and no more dispute. Stock market will go on, and so with the staffs life (I am saying from last 6 years practically watching a lot of disputes with Pact about employment relationship),

Just my opinion, no offence.