Ann: Execution of Binding Term Sheet, page-173

Both Aegian (5.33%) and Red and White (5.22%) are substantial holders as per latest Annual Report.

If they sold over 1% or did not become a sub. holder, (i.e they dropped to below 5%), they must state this to the ASX within 48 hours.

They obviously have not sold and even if they hypothetically did within this period of transformation (90days), given how much is known to the Board atm, they may be well be in deep water.

It's simply not possible.

Going to a fun month or two here as the company attempts to execute their business plan.

Wrong tree IMO