Ann: Voluntary Delisting Application, page-13

Nice of you to say so but I have NFI so don't count on it

I have never had this happen to me so I am just trying to understand what "should" happen. I am only guessing. But I am very interested. Could be one of mine one day.

About 1.4m shares traded in the 3 days since the announcement compared with 1.4m traded since July to the announcement so it's certainly been a catalyst.

IDO delisted in August. There was no offer, just a trading period but then they were financially wounded.

Then there was E&A who did have a buy back offer which was the 30 day volume weighted average price before the proposed Delisting & Buy Back announcement plus a premium of 6.2%. Remember your board have so far said they will only have a buy back for unmarketable parcels but on the other hand have said the current price was below fair value .

http://openbriefing.com.au/AsxDownload.aspx?pdfUrl=Report/ComNews/20170412/01847503.pdf

You'll just need to wait for the board to make their intentions clear.

GLTA