Good luck with your "stink" bid "kemj"...- if it fails you may...

Good luck with your "stink" bid "kemj"...
- if it fails you may revise your strategy in the future?
- as your bid won't be the only one,
- while the prospects are compelling and there are not a lot of shares issued...
- the company is cashed up,
- the management's has good ideas and thoughtful approach...
- the top 20 holders kept 64.7 % of shares already, according to the last annual report:

TWENTY LARGEST HOLDERS OF QUOTED ORDINARY SHARESShareholder Number ofsharesPercentageheld:
- Doux Argent Pty Ltd 22,756,964 -25.43 %
- Mutual Trust Pty Ltd 16,663,270 18.62
- Mr Hossein Sabet 2,500,000 2.79
- HSBC Custody Nominees Limited 2,322,000 2.59
- J P Morgan Nominees Australia Limited 2,081,929 2.33
- K S Gold Pty Ltd 1,524,390 1.70
- Outback Trees of Australia Pty Ltd 1,226,675 1.37
- L & L Reinehr ATF Luke & Lisa Reinehr Super Fund 931,246 1.04
- Mrs Anne Maree Richardson 914,634 1.02
- Bulletin Resources Limited 900,000 1.01
- Hampton Park Pty Ltd 875,000 0.98
- Del Paggio Nominees Pty Ltd 800,000 0.89
- WGS Pty Ltd 740,000 0.83
- Coolstorm Pty Ltd 733,840 0.82
- The Australian Special Opportunities Fund LP 723,810 0.81
- Mrs JS and Mr DJ Piggin 700,000 0.78
- Elpacha Pty Ltd 633,840 0.71
- Leet Investments Pty Ltd 600,000 0.67
- Ms Langtree Coppin 579,269 0.65
- Great Sandy Pty Ltd 574,129 0.64
Total 58,780,996 = 64.69 %