Ann: Appendix 3B, page-8

sunlover. Come to think of it, there were only 5 million shares bought between the announcement of the Bonus options on 8 April and the Record Date on 17 April. That's not a rush. It is highly likely that there are a very large number of shareholders that didn't hold enough shares to bother applying and paying up for the Bonus options and that 20 million left over represents those, probable, ST traders who are holding relatively small parcels. I.E. Some who hold less that 90,000 shares @ 1:7 would have only received a hand full of the Bonus options and have let them go,
Steve would like a bigger uptake, but, LT holders should be very happy to see 20 million, in very small lots, not going on the market and effectively also increasing the equity for those that have paid up.
Will also make the 10 cent Additional options a premium buy with so few of them on the market, possibly as few as 30 million, let's all hope that they are listed!!!!