Ann: Corporate Governance Statement - 30 June 2018, page-28

At this stage, I don't know that the have enough shareholding (combined with other major shareholders or not) to have such an influence. They only just got the outing of PJ across the line and that was outing an Aussie in SA. I would have thought that would have been easy. I am not sure they could be influential enough to convince us to vote their way for something that could negatively impact the SP.

At this stage, given their shareholding and purchase price for those shares, my view is they are the item that underpins 22c. If it was in their powers, we would have been well and truly gone by now, as there definitely has been opportunity to sink us.