Ann: Appendix 4C, Market Update and Top 20, page-17

Over reaction to the update this morning perhaps?

Major company making deals still very active, closer at being achieved and could happen any time.

Interesting to note that Scintilla are at number 4 on the share register with a holding of 50,000,000 shares.

Totally agree with their investment philosophy.

Great management fee structure as well. Basically they are putting their money where their mouth is, you don't see that much at all these days!

https://scintillacapital.com.au/

About Scintilla Capital

 
Scintilla: noun. 1: a tiny or scarcely detectable amount.

At Scintilla we focus on the tiniest companies on the ASX. Because of their size they are often overlooked by analysts and institutional investors. These microcaps offer exceptional leverage as they are growing from a very low base and by definition are the start-ups in cutting edge new industries and sectors that are not well understood by the broader market.

Scintilla searches out these opportunities that are overlooked and provides capital to these small companies to allow them to grow to the next level.

"We want to make money with you, not from you." - Warren Buffet

Our management fee structure is performance driven. If our investments don't perform, we don't get paid. Investors and Management interests are aligned to ensure investors come first.