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Ann: Consolidated Operations Group and CML Group-Merger of Equals, page-145

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    **e Radyzminski of Sandon: "We believe COG is worth between 15c and 20c and quite possibly more than that if the merger goes ahead"

    His investment thesis is that COG is a disrupter in the SME finance market and that 'distribution is King' with COG as the largest aggregator having the distribution channel to marry off the SME client and the finance provider,via its broker network.

    As a significant shareholder in COG (9.2%) and with a holding in CGR, we know his votes are for the merger. Very difficult to see it not going ahead.
 
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