Singas, have you looked at the make up of the profit figure? The...

Singas, have you looked at the make up of the profit figure? The operating profit before tax (excluding the non-recurring items) was $1.4 million. Of this $1.4 million, $3.2 million was interest on the proceeds of the sale of Ebay. Without this interest ECP would have recorded a loss which implies that its other businesses are noting making a profit.

If the takeover is not approved I believe the shareprice will fall very quickly and it will be a very long time before it gets near 55c again.

I will be voting yes to the takeover and I believe you would have to be stubborn or stupid not to accept 55c for them.