Ann: Cleansing Notice and Appendix 3B, page-6

Well the SPP was always going to be difficult to sell coming from RM. Investors have had enough of this rubbish of handing out money to OEX and getting nothing back. Not to mention the special treatment given to the brokers of 10 cent unlisted options which IMO spooked option holders and killed the current options price.

Investors had a choice of giving OEX up to $15,000 or trying your luck with one of the other larger oil or gas plays that have been severely sold down in the last months and if you did with the recent santa claus rally you would have made some money. Put it into OEX and you may as well withdraw some $100 notes and burn them.

I think we are at a critical stage now whether it can hold the SPP price of 4.1 cents if not this will go much lower before it gets somewhat better.