Ann: Chairman's Address and Presentation to AGM, page-3

Parties with whom we were in discussion slowed their due diligence and indicative values dropped. A number of these parties sat on the sidelines waiting for us to go under or become desperate


Finally the scenario is admitted to be what most long term holders suspected.
This contains, for the first time, a hint at what might explain some of the darker intentions of our share price demise.

Again, one only is exposed to hostile actions like this if there is something to gain out of it.
A TO of Anteo Energy is most likely on the cards, IMO.