Ann: Business Update Presentation, page-125

Eventually most probably lower. Downgrades will come thick and fast next week. This is a very serious downgrade otherwise they would have sugar coated it. They surely did not sugar coat it. The only saving grace here is the Stoke's will have most probably been made aware of this before hand and if they end up being happy with it then i will be happy with it. Seven group had a capital raising a short while ago and the Stoke's did not participate in it which i thought very strange, as they do not normally like their holding diluted. Would be a good sign if they increased their stake in the next week or so.

Purely at an uneducated guess, I would say nearer a dollar is possible by end of June. Vanishing reserves of that magnitude together with Covid do not paint a pretty picture. my opinion only.