egm

Hi All,

Hope the break was good and hopefully we are in for a better year than 2011 brought.

Was hoping that anyone who might have attended the EGM could provide some comments. just couldnt get away from work.

I assume all would have been approved and moved forward but wondering what message Tony gave to holders and the general commentary management gave around the SP if any.

It is also interesting that the independent experts report has the tag line relating to the Timeone deal as "not fair but reasonable". You would say that is about right as it wasnt fair as it was a steal at the time but given the climate it was reasonable.

Page 3 of the report covers the advantages and disadvantages of the deal and has some good reading in general. It seems they dont hold an outlook that the SP is going to be going through the roof anytime soon.

Good to see the SP is tracking back towards 30c and hopefully we at least get to the 35.5c level and above in the first quarter.

good luck to all.