Ann: Sale of interest in North Surat Joint Venture for A$25M, page-17

It makes me laugh some of these directors... saying "we are pleased to announce"

Well lets say it in other words...

We are pleased to announce that all of our $100 notes ($120 million worth) we have managed to sell for $20 each....

Thats the real equation of the bought and sale price...

I dont hold anymore but did participate in a cap raise at over 40c.... ouch for those still holding..and big funds bought in at that price...