change in directors interest, page-6

I have just bought in.

Fiendish red beard I don't know what announcement you are referring to however if it is the final directors interest notice of Eric Lucas of 10 million shares then you would be incorrect if you assumed he has dumped.

Eric Lucas has merely resigned as MD of BJT but is now a consultant on the same terms he was before to the BBJPML board. He actually increased his shareholding by 6 million units recently.

If you are referring to the selldown by Macquarie then that would be correct. They only bought in last year when they thought there might be an opportunity to takeover the management rights of the trust due to the demise of BNB. That is now not going to happen due to the internalisation of the responsible entity so they now have no need to be there as an investor.

Macquarie would have taken a bath.

When Macquarie is out of the picture the sp will resume its march upwards. At the moment though Macquarie is giving us a gift !