Ann: Appendix 5B, page-9

Timing the piggy bank to run out just around when the funding required for the LG deal is supposed to come by?

I think they won’t get the funding and will try for an extension, an extension which will be made to sound impressive to justify a CR at about the same time.

A CR which will most likely be done at a discount as always so as to reward the soph’s who would be asked to get involved, if history is our guide.

Consolidation talk elsewhere… which would be followed a whole new series of dilution? That can be seen as a pretty big rinse and repeat!

Getting rid of those non core assets, just like a hotcopper poster has said they should for a few years now?
Better late than never & might help the next one of these balance sheets we see but does it now signal desperation opposed to foresight?

Basically a million a quarter for the board? Wow.