Ann: Quarterly Activities Report , page-13

I think we have covered all the issues lione007, and are now clutching at straws given the less than ideal information we have. We seem to all agree it is cheap, so we should all have a position in it!!

I agree the lack of equity in this vehicle is offputting, and would love to see Bruce Mcleod rock up buying on-market. But remember Macquarie bank and management has 33.4 million options converting at prices from 12-18 cents. Macbank could suddenly find itself a substantial shareholder with 17% of the company, and IMP could suddenly find itself with another $5 mill dollars in the bank.

So the debt holders are insentivised to see the price rise!!!

Macquarie gaian the buyer today by the way. Bless them..

GL