Ann: Company and Market Update, page-9

There does appear to be price maintenance going on in the REY shareprice. How can it be justified that REY, which operates nothing and has a geographically concentrated area of interest, has a market cap more than 16 times of OBL and is in turn some two-thirds the market capitalisation of BRU. Someone is having a lend.

And then there are those announcements about (without subsequent details) REY having a share buyback and simultaneously a placement at a value way less than market. Perhaps there are ASX Listing Rules issues here.