Ann: EGM Presentation , page-4

This is no surprise as none of this has been a lesson to me as I have seen it all before and will probably see it again. The fact is the market has become more and more a casino and unless you deal in the top 100 there is a very good chance that you'll get ripped. It's as simple as that.The top 100 has to listen to shareholders however the likes of Rio had to be forced to offer rights issues etc to all shareholders after enormous pressure. BHP board can pay $450m break fees without a murmur.

One has to assume that there is basically no such thing as ethics in the public company market. It's always amazed me in banking when the banks charge private companies higher margins because of risks yet again and again all the banks losses year after year are from public company deals. The only stable low risk market is residential mortgages.

This CMR exercise is just another tick on the wall . Well done Friends of Compass..dont despair ...you can sleep at night knowing that those other greedy morons cant hold a candle to your character.