Ann: Wavefront Investment Update and Capital Raising Plans, page-233

just to touch on the move to 50.5% (or more directly, the poached 10.5% wbt holding)
Do we have anyway of knowing who this is? 45m NXR shares would put them above 5.% sub holding, so we should be notified upon completion? that is not chump change (over $1m at today's nxr price)
This would have to show a little bit of confidence in the NXR takeover story, or lack of confidence in the WBT team being able to gain traction?

agreed though, this is going to take time, and even if M Walker only makes 10/20% from these levels, he still walks with a treasure chest of gold coins from his last involvement here. How much is left for retailers, and Mr Lui? Time will tell, but most of us are forced to hang on with the large losses we are currently holding. it always hurts to lose money, but not knowing why/how we've been screwed hurts the most.