Chart, page-2467

I would like to highlight something that just cross my mind.

We all have been talking about that frustrating 6 months we are having, especially since the merger date of 20/7/2017. We have also note that there are sellers in the market, notably the Argentinian party who has just let go the 6.425m shares at 45c; perhaps from those who took the placement at 64c last year taking profit; or traders and shorters in the game and the conspiracy theory on the "invisible hands" who is pressing the price down to collect more...

I was wondering what RSL Investments Corp is thinking after acquiring 28% of the company at 85c and now the price is sitting at 54c. Why can't they tighten the registry more? The reason is none other than the Takeover Provisions in Chapter 6 of the Corporation Act.

http://www.takeovers.gov.au/content...mmary_of_takeover_provisions_in_australia.htm

However, in item 9 of s611, RSL is allow:

• acquisitions of no more than 3% in every 6 months (the 3% "creep" exception in item 9 of s611)

From 20 January 2018 onwards, there will be a potential buying force from our biggest shareholder to acquire about 11m shares from the market within the 6 months that follow. I think it is now starting to show some strength in the charts in anticipation of this.