Ann: Appendix 3B , page-10

flinders well said, that is spot on....

And to add to it, right now, if we like it or not, WM is running this company. I quite like it!

Every move he makes that is exposed to us shareholders, is analysed in extreme. And worse, it is analysed by persons that have a deficient understanding of the facts.

CDU, from a shareholders viewpoint, is going through a rough spell right now, that cannot be argued.

We shareholders have two choices. Sell or support.

Non shareholders do not have the option of selling and, for me, should remain very guarded in their under cover and potentially influential opinions. If they cannot support, then be very careful with criticism.

As above, right now, WM is running the show and is largely supported by his shareholders. I feel for those that had to sell, at a loss.