Ann: Scheme Implementation Agreement at $0.015 per share, page-5

Pages 9 and 10 of the annual financial report say it all. This is a family business so it only makes sense that management conduct buyout. Also the Perth property market is doing it tough at the moment. Vacancies are up so even once hey have completed their company owned developmens they will have a tough time selling and Renton out the developments would only generate a few million. Maybe a little more as short term accomodation.