Ann: Notice of initial substantial holder from IF, page-3

re: Ann: Notice of initial substantial holder... Yeph, buying in at 15c with 16c cash backing, good business. I just can't understand why we never parted with a few mil to reduce the total no. of shares on market via buyback rather than wait for this to happen.
The 2 - 4 week assay wait @ 26/6 must be comming up soon! (I never was good at maths, and it appears nor are others)