Ann: Investor Roadshow Presentation, page-44

That would place a benchmark on the assets of all the other CB producers . Could stokes bid for these are wrap up bPT and DLs into one company.

Happy to hold. - the markets will trend lower but I think the CB players don't have much downside left. One can never pick a bottom but medium term the likelihood these levels will seem cheap is high

I think the market will take a hit , we will then see some consolidation and ad this stage I expect a rerate. dLS is owned by instos and corporations , only 15% is retail so we are not the ones that will drive the SP ST