It is GIC not CIC (Government of Singapore Investment Corporation Pte Ltd). Can I suggest something that may become very sensitive in times of negotiation: the list you are compiling should include all those long term shareholders whose average price is over 10 cents. No shareholder that bought at 1.5 cents should be part of that list. Administrator and other parties would not be keen to negotiate with punters. GIC average share price is way above $10cents and they have political power as they have investments in Australia and the government would like to show them that foreign investment is looked after.
ARI Price at posting:
2.2¢ Sentiment: None Disclosure: Held
