Ann: Notice of Extraordinary General Meeting/Proxy Form, page-9

Same here. I was like wth happened to 8c. It goes to pay out the incentive plans. Those are some very expensive incentive plans. This doesn't leave much for us shareholders.

There weren't any trades at 1.585-1.60. The closing auction is always like that to jump the queue.

I would say there aren't that many pension funds that would be jumping into this, the bulk of Australian super savings is accumulation. This is not to say the odd pension SMSF won't jump into it but if they are that sophisticated, there are better ops. I know of one other company with way better returns for lower risk on similar time frames to CDD.

Expecting this to sit around the 1.50 mark today. If it goes to 1.40 i might think about buying. The unfranked dividend really gets you so will only be suitable for specific investors (namely Aus pension super funds and offshore funds and non residents that pay no tax cause CFI)