Ann: Trading Halt, page-153

Interesting comments coming through at the moment. I feel that if the capital raising is not going ahead and KKR or related parties have shown interest it is more likely they make a takeover offer to shareholders. Pitch an offer of $4 a share and wait for a response. Why commit 250 million for part of a company when you can possibly buy it out for 500 million. They could borrow a fair chunk of it at 1.5% interest rate which would be 7.5mill interest .Claim as a tax loss which is peanuts to large firm.Hold it for 12 months rebrand as Webbeds float it off at $5 share or sell it to Hotels.com .Private equity firms are good are rehashing bought out companies.Many current shareholders would gladly accept $4 a share at the moment and KKR or similar company would love to accommodate them .Lets hope there is a good outcome.