Ann: GNSPA (FORESTS) Distribution , page-7

Add how about remembering who keeps having to foot the bill - ordinary shareholders. The hybrids are a combination and as such should suffer some pain in this process. I think ELD have got the balance right - these guys are doping something that does not support the base they need to be looking after -the ordinary shareholders.

I hold exactly 200 gns to maybe take a punt - certainly not enough to influence my comments.