acceptances are at 30%, page-46

I'm not talking about other bidders here but about BPC wanting full control. If you can't see what a 10% plus holder can do, just look at what Solomon Lew achieved recently. BPC want to take NDO off the ASX and to get full control, they have already told us this is their aim.They need unfettered control otherwise they have to act in the interests of all holders, not just themselves. They don't want to have to comply with all the obligations of an ASX listed company. To do that they will need to get to 90%. Getting to 50.1% is their fall back position and only a short term target bcos they could see 90% was not going to be a lay down misere. If anyone of our two instos gets over 10%, game on IMO!

ANZ