Selling CO2 Australia shares, page-12

Stash, you need to redirect your computer time to research like other posters do, its wonderful what you find and saves all the whinging you do.
I spent less than a minute to find this press release and it gives a lot of information you did not know.
Happy hunting.

™ CO2 Group Limited
ABN 50 009 317 846
Level 11 225 St Georges Terrace Perth Western Australia 6000
PO Box 7312 Cloisters Square Perth Western Australia 6850
Phone (08) 9321 4111 Facsimile: (08) 9321 4411
www.co2australia.com.au
Our Ref: CO2 ASX Announce Media Release –
OMC Bid (228) 22 July 2008 ANNOUNCEMENT 228 Company Announcements Office Australian Stock Exchange 10th Floor By ASX Online 20 Bond Street Number of pages: 2 SYDNEY NSW 2000 (including this page) Dear Sir Media Release Takeover Bid for The Oil Mallee Company of Australia Limited CO2 Group is pleased to announce that Australian Carbon Sinks Limited, a wholly owned subsidiary of CO2 Group Limited, today announced a conditional cash takeover offer for The Oil Mallee Company of Australia Limited (OMC). OMC is an unlisted public company involved in pursing opportunities associated with the planting of mallee eucalypts in Western Australia. CO2 Group is already OMC’s largest shareholder with an interest in 29.9% of the issued capital of OMC. OMC and CO2 Group also have a joint venture in relation to carbon sequestration projects. The offer is 32.5 cents for each post consolidation OMC share (OMC shares were consolidated by resolution passed on 7 July 2008). The Offer represents a premium of approximately 62.5% to the issue price of OMC Shares under OMC’s last capital raising conducted in mid-2007 and a premium of approximately 45% to the net asset backing of OMC Shares as at 30 June 2007 (the most recent OMC financial statements lodged with the Australian Securities and Investments Commission). In summary, the offer is conditional on Australian Carbon Sinks Limited obtaining an interest in over 50.1% of OMC shares, there being no material adverse change in OMC, no material acquisitions or disposals by OMC and there are no prescribed occurrences, such as the issue of new securities by OMC during the offer period. Full details of the conditions are set out in the Bidder’s Statement lodged with the Australian Securities and Investments Commission and delivered to OMC today. The maximum cash consideration payable by Australian Carbon Sinks Limited to acquire all shares in OMC not already held by the CO2 Group is approximately $700,000. The offer documents are expected to be sent to OMC shareholders in early August and the offer is expected to close a month later, subject to any extension of the offer period. Yours faithfully CO2 Group Limited Harley Whitcombe Company Secretary Media: for more information please contact Emily Staniforth, Wilkinson Media: 0402 349 856