extension for due diligence, page-5

sigma holding up despite tax loss selling no doubt. we could strike it lucky if aspen really want to gain a dominant position in Australia.

the board will definately refuse the bid but hopefully Aspen go hard and at least get all eyes on Sigma.

Wattyl has just gone albeit off a low base.

Sigma have a great market share and some great relationships - the only reason there may not be more suitors for the overall business could be the diversity of the business.