How much do you have tied up and when do we think we'll get a RTO, page-15

There are other examples on the ASX where these things can take 6 even clos to 12 months. Apart from the business case evaluation, there is then a lot of documentation. To effectively IPO, there is a need to prepare a lot of documentation and gain ASX approvals etc. A few weeks ago, the business case for one possibility 'did not get over the line'. Warren Buffett has a saying something along the line of disallowed is about transferring wealth from those who are impatient to those who are patient. All will be revealed by the directors in time.