Ann: Max Trust - Market Update , page-5

Hi LZA

Well they do have the provision for the windup in the accounts . They are usually conservative. They are getting a few % interest on #30m until 21 Feb and then still on about $5m until they return the balance. So I am confident on getting another 2.5 or there about .

Lot of buying in the last few days up 2.5 cents.

we have to wait until 5 March for the windup to be effective. Hopefully not long after that.

It is odd that there was quite a bit of buying between 2.3 and 2.5 after the windup announcement . Hardly seems worth it. I don't think anyone would try and stop the windup and make a takeover offer to use the tax losses , but I guess its still possible. Alceon could I guess make a takeover bid and use MXq as a subsidiary with the losses, But that sounds a bit far fetched. Investors who brought between 2.3 and 2.5 must be confident of getting at least NTA and getting the money pretty quickly for it to be worth while.