Further to the comment that the CBA Proposal is for the whole group ( which is not currently the case in the existing contract with CBA) the comment by HLI that .............we welcome the opportunity to continue and extend our relationship... could mean that CBA simply want the current contract which runs to Dec 31 2025 to be amended to now ( forthwith) cover the whole group subject to terms acceptable to both parties. The next contract for 2026 and onwards is a separate issue and not necessarily related to this Proposal. In my mind its no coincidence that the last buyback notice was issued on 6 June, prior to this the buybacks were occuring every day give or take. So they are holding onto to the cash
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Ann: Update on CBA contract, page-30
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