Ann: EGM Notice of Meeting and proxy mailed today, page-6

re: Ann: EGM Notice of Meeting and proxy mail... Two comments first off.

I agree with your view that the proposed change of date for the pricing of options on the basis that it should be aligned with Wandoo amendment is not a justification of any substance in itself.

What could the real justification be apart from what is already suggested/implied? Well, maybe TXN management need to strengthen their hand in the negotiation process with other organisations/suitors that know about the pressure TXN management face to close a deal, potentially at a less than ideal price, created by the existing option repricing date. Its an optimistic interpretation.

This is soooo slow!