Ann: Full Year Results - Financial Year Ended 30 June 2023, page-13

I think Grant should get a pat on the back if he rejected a $14.50 per share offer

And 13 years later, the shares are worth ten times that.

Then you would say, Mr. King, I give you credit for being a visionary and knocking back a low ball offer, when you knew the true worth of ORG.

But 13 years later, long term Shareholders are getting $9, when they could have got $14.50, 13 years ago !

I am no mathematician, but I would love to know what the value of $14.50 is in today's terms?

(I would probably cry...LOL)

If I recall, Grant failed to understand the damage the rise of US fracking would cause on the POO, because the long term contracts were priced using the POO.

As a result, revenues were less than projected and given the huge amount of debt undertaken to build the plant, the company had to have a damaging capital raise at around $4, which diluted shareholder's value.

When we all could have walked away with $14.50 per share cash and invested our money elsewhere.

Hindsight is a wonderful thing, but Grant SHOULD HAVE seen the risks on the horizon.,..