Ann: Trading halt, page-15

From my discussions with Novatti.......I stand to be corrected.....they informed me they have no financial commitments in IBOA whilst they retain a percentage of the ownership. If IBOA goes down I don't think it will harm us financially but our investment in the bank will go down the drain. If the announcement is about financial backing for the bank it will be a big boost for the SP. I am hoping they have got someone to support the bank going forward(this is what they have been trying to achieve I believe) and therefore increase the value of Novatti's stake in it. All speculation I know but here's hoping.