AGM, page-36

Hi David

you say MT has never sold out to a low ball offer!

Why on earth would he sell out to a high ball offer or any offer?

Eg.... 10 yrs ago offer at 10c. MT would have got 1.7m for his pathetic bunch of shares but
instead has picked up around $4m in wages plus a sheet load of off the books/non reported perks.

At 5c..... that's even less......

20c he may have thought about it but his EGO about HIS company (not ours) would have clouded his vision.

Maybe as he is getting closer to retirement it may be a bit more attractive

Cheers