Ann: Becoming a substantial holder , page-9

“Obviously they couldn't” and your argument why they could not sell to anyone whom might have paid a decent price for the shares is?

Let me save you from making one argument that Gip had to have the money now as they were low on funds. Ian Gandel has put money in before in Gip and he owns most of the company.

http://www.gippslandltd.com/upload/docs/130416_Change_of_Director%27s_Interest_Notice.pdf

Ian is a multi millionaire who has loaned Gip money in the past and could have easily paid money in till Gip could have done a better deal certainly for a few weeks till after the Pre feasibility study results.

I would love to hear the logic explaining why it was not worth his while putting a bit of money in Gip temporarily so getting a better deal for the Stellar shares for Gip, when he owns most of that company.

Feel free to argue though how the Stellar shares are not worth more than 4.4 cents or no one should be interested in buying Stellar shares so Gip got a bargain.