Ann: Explanatory Booklet registered with ASIC, page-48

Tough break - I agree it was a buy at $5

It's a screaming reel at anything close to $4

You won't get these types of >100% p.a. risk adjusted returns in many other places over the next 3 months.

It is VC returns for Regulated Asset risk.

I dialled into the D&D earnings call this morning and was very positive. D&D Management reiterated that financing for LNK acquisition is secure and there will be no changes there. Ares etc are locked in at the agreed prices - these are binding financing commitments.

Stated that customary regulatory processes, with multiple different regulators, are continuing without any red flags so far (this is in line with previous LNK public disclosure).

D&D Management talked up the acquisition and backed it as transformative for D&D.

Certainly not the words of a Management team looking to back down from the deal!

Now all we need is LNK to stay the course and be squeaky clean. No LNK MAC before second court date in late July / early August and we should be golden, fellas.

GLTAH