Ann: Response to ASX Price Query, page-9

Good response. Particularly like the bit about the Directors believing the share price appreciation is reflective of the company's standing. With responses its not sometimes what you read but what the reader interprets... and my interpretation is " hold tight for this ride". Still reckon that an external entity is progressively building a stake and it will be interesting to see if a substantial shareholder announcement comes out sometime in the not too far future. Mind you, they could just sit just under 5% and therefore not have to disclose