Kincella, a couple of comments. Firstly, my information is that...

Kincella, a couple of comments. Firstly, my information is that Ingram is a sub-underwriter and it appears he will be happy to take as many LUM shares as possible. So far he has proven this by loaning large amounts to LUM and also not collecting any director's fees at all since he has been working for them. Regarding the update and you suggesting that they are trying to get as many as possible to take up the rights issue, I'm not sure that is the case as I rang the company very recently and requested they do an update to help shareholders make an informed decision prior to the 24th December deadline. They assured me they would and they have stuck to their intentions.

I am nearly as sceptical as you regarding their motivations sometimes Kincella, however, this time I don't agree with you Kincella. My curiosity now regarding LUM is, what are Ingram's motivations for getting such a large holding in LUM