below issue price in feb 2005, page-5

I'm pretty sure they needed it (or a good portion of it) to pay out Weiss as from memory they had nowhere near the cash reserves for it at last notice. Another smart move hey.

Facility only runs to the end of the year. I guess it's likely that a few options will be exercised when they can this year, and that sale of other investments should allow it to be readily cleared. Will cramp their investment ability though.

MJS