Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9

perhaps with their $37m they could buy some more Leo @ 67.5 , which they could buy about 50m shares

but would have to pay up to $1.00 to fill the order and maybe receive 40m shares

But then the 210m shares holding in Leo would of all of a sudden have nearly doubled plus say the extra 40 m assuming the price remains about $1 mark

then our investment is worth about $250m for the 250m shares than the approx. $178m it was at 30th jan .