Ann: Becoming a substantial holder, page-2

Yow finally inspecting their own register and checking who everyone is?

These guys first bought Jan 18? What a surprise they are linked with Guess who?

KBC really gone all in using every facility it seems to ensure voting and will be Ok with using their own vehicle to give themselves their own shares but I don't think anyone else will want their stock . They are smart in many ways as their vehicle shell is not attractive to anyone so they do what they want.

ASIC and takeovers let alone ASX should be having a good look at this well used tactic and strategy.
I see small holders getting a little cash and a whole lot of crap illiquid shares and run it down , milk it , lend to other vested interested companies and acquire the balance . The wild wild west is the ASX and the ancient sheriff is pissed at the saloon carrying a 6 shooter and the new boys in town walking around with oozies.

YOW management really have left the door open with so much $ and no real progress on the business other than tidying up edges and milking the cow until they came under attack. They have left themselves with very little defense and shareholders with a stock that can be manipulated by bidders and then controlling interests .

Only defense to help small holders would be to wind up/ sell business and distribute or buy something that bidders don't want that actually generates return !!

The smart people may take the discount in the market for cash than get caught with part cash and shares and a different management as I can't see them generating value