Ann: Change in substantial holding from Galaxy Resources,GXY-GMM.AX, page-17

It's now 74.3% including the 6m shares Galaxy own. I am of the opinion that Fotio's share is not included in the 74.3% as otherwise the latest announcement would have been unnecessary as it's all old news apart from the mentioning of Fotio's acceptance. We should be over 80% but just under 90% which is why this announcement is encouraging more shareholders of GMM to accept. I feel sorry for those who sell at this stage.