Ann: Appendix 4G and Corporate Governance Statement, page-8

Boom ... Vacuum . Lots waiting to buy. They have obviously turned over every rock and cavity searched every division.

Probability of finding any more dead bodies is very low. So the punt is can they get the ship back on course, this trade is

somewhat de-risked after the spring cleaning. Never looked like going through the old low and was very well bid around

the 1.60 level. Snowflakes out yesterday. BTFD.