letter to 6000 - received, page-24

bundalee, yaq et al

I reckon you guys are dreaming if you think another offer is coming at this stage. The Japanese have had 2 years top act since STO showed its hand.

The best we can hope for is either a NO vote getting up which forces a higher offer from STO, or a sharemarket rally that sees STO over say $13.50. Everything else is just possibiliities, and scenarios and theorising .. with little real hope of them eventuating. Just look back at all the hundreds of scenarios we have tossed around ... only one actually happened (STO's offer) and that's been a disappointment.

I'm closeto ready to chalk this one up to "experience" (I thought I'd had enough of that already .. LOL) and move on.

H