Ann: Vector to Undertake Equity Placement, page-80

“nothing can happen with this Magna position for at least 90 days and maybe by then--- because we will then own the asset, there may be different finance positions available.”

Thanks I’m glad someone can see the wood from the trees, that was my point about the rest of the Magna offer. We have 90days to use alternative financing with a fall back position of Magna. I’m also of the opinion FT has got aggressive or stuffed around at the last minute so management have bought themselves 90days and given them the flick. Clever really.

So let’s see if one of the big financing houses in our top20 step up and offer better terms now that the acquisition is fully owned? Ownership is a green light for those guys.

I found attending the EGM extremely beneficial