OK, so China Pacific (CP) was supposed to purchase the 19.9%...

OK, so China Pacific (CP) was supposed to purchase the 19.9% from Mr. Pointon before purchasing more from the share issue. (Or atleast that's what I interrupted from the 17 June announcement.)

Instead, CP buys 5.5% from Mr Pointon and gets a share offer to cover the rest of the 19.9%.

Did Pointon decide to keep his shares or did CP decide to gobble up a share offer to meet the Bank's obligations? If so, no retail offer will be required to meet the Bank's requirements.

Now, if they stick to the original plan, CP still have the right to raise a further $5.22 million and OAK would raise $15 million retail.

Who is interested in voting this in at the GM? I will if there is a retail offer and more information about Mr Wong's so-called big plans.