partly paid shares, page-104

Thanks for that JWT.

With 75.2 million shares having voting rights along with the shares the Board owns, and the voting rights of several large portions that the shrills with benefits have, I think those of us who want transparency and decent management are pushing it uphill.

The reluctance of management to reveal the 'list' can be explained as people taking bigger risks in the hope of minimizing a loss than in the hope of maximizing a gain. The psychological impact of the potential loss itself clouds judgement about magnifying the loss.

This being the case, I believe what APG management loose by their lack of transparency (to minimise a potential dollar loss short term) is the trust of a lot of minority shareholders and this may be to their detriment later on when we get to vote on a takeover.


cheers
Lekki