Ann: Cornerstone Investor standstill obligation i, page-11

re: Ann: Cornerstone Investor standstill obli... Hi All,

I think I mentioned this a while back, now that standstill obligation period has ceased this will 1/ allow GRAM to increase holding to 25% and 2/ reduce holding.

In my opinion this now makes PNA amuch more attractive proposition as a takeover target.

Think about it, GRAM can now increase holding to 25%, takeover company can make attractive offer to GRAM for 25% stake, whilst accumulating say an addtional 5% of PNA on-market. Very easy way to get your hands on 30% of PNA I say.

Time will tell I say.....but something in my waters is telling this will eventuate (maybe its more wishful thinking!).....

DYOR

Cheers