Ann: XEPT Transaction - Termination of Tripartite Deed, page-49

A disappointment on so many levels.

The politicians talk about the need to protect our environment and work towards a 'green' future, yet an Australian company with unique aerobic/anaerobic, home grown technology finds itself in this situation. Govt should be mandating this sort of tech AHEAD of incineration, instead of allowing the incinerators to have such a large market share. A real waste (no pun intended) of this state of the art tech. If the environment is so important, put laws in place to make this sort of tech the primary, viable option.

Also still think it's a bit strange that XEPT wouldn't just pay the $11.5m, put out some announcements that pump the SP, then sell into the spike and recoup all (or more) of their investment. Almost the perfect, (legal) insider trading position..


All the best to holders and here's hoping for a better New Year than the Christmas present we were given from ANQ...

Cheers

Freighter