Ann: Response to ASX Query re Continuous Disclosu, page-11

re: Ann: Response to ASX Query re Continuous ... Derosie and all,

My comments were addressing the speculation and WCL explanation on the increase in share price rise PRIOR to the trading halt and takeover bid.

NOT the current trading, Post public bid.

PROIR to public announcement -
I don't believe for one second that the share price would have risen if a party was offloading a large parcel of shares unless someone knew the offer was coming. Certainly not the company in receivership.