Ann: Response to an ASX Query - Appendix 4C , page-14

All,

this is a stock taht I have been caught in, which is part of the peril of punting the market on the side.

Things look pretty good for this stock moving forward, due to a few things
a)as pointed out, dividend to be paid
b)this company nearly went broke and now it si doing a share buyback.
c)The share buyback has been going well and by my claculations, they are buying back on daily avaregae enough to get the full amount initilaly stated.
d) They have been buying back at the top end of teh ASX listing rles imposed range each day
e) teh last few days shares have been bought at a higher price by someone other tythan teh buyback program
f). small share hodler facilty put in place
g). Thorney big sharehlders for long time

My personal view only is that post the buyback and small holders clean up, there will be a takeover bid. Removing small sharehlders can save much money by not having to send them docuemnts which all have to be printed. rememebr that this is small cap stuff.

This is a very small compnay but wasnt at one stage. The regulatory/listing costs of running this baby would be close to $2m per annum. If Thorney like the business, it makes a lot more sense to run it without the listed framework hassle.

Have a good weekend all.

If you reckon my call on Wentworth is reckless, take the $8 on the Bonmbers being up at half time and hanging on to beat St Kilda tonight.