Ann: Change in substantial holding from ZER, page-25

Still a lot of potential downside everywhere and particularly for the quality of things like PAN.

It may pay to hold 50% of anything anyone was going to commit to the cr/entitlement in reserve for a sub 7c price in the coming weeks especially as anyone who has not done it or was worried about all the talk of washing or was otherwise slack sells off PAN for a capital gains loss after shares are issued and before 30 June.