July 31 NTA Guestmate, page-24

Simon, good point. Everyone from George Boo Boo who has been EXTREMELY quiet of late, and who engineered the transfer of CTN shortly after arriving, to the shareholders who just voted Yes, without knowing what they were voting for, down to the Equity managers of NSC who seem to have their own particular investment style (which doesnt appear to be working all that well) have all bled us dry (or drier). But then again as a loss making shareholder, I guess I can say that ! The management of CDM may have been "bleeding us dry" but for a substantial period they were producing acceptable results; which is more than can be said for the incumbents.