Ann: Appendix 3B-KBL.AX, page-20

I have made no secret of my thoughts on this stock but I must admit I am intrigued by the level of buying that is still going on. Vast majority of the buying seems to be small trades but its still quite significant volume for a small company.

I would like to know what information has been provided to the entities that took up the con note because in my opinion, based on what we know, no-one should be buying anything in KBL until they have an all encompassing solution to their balance sheet and operation...so what's the motivation for the buying? is it purely roulette wheel mentality or is there something we should know but don't?