bnbsucker, this is worth a read.
http://www.asic.gov.au/asic/pdflib.nsf/LookupByFileName/cp193-attachment-4-published-2-January-2013.pdf/$file/cp193-attachment-4-published-2-January-2013.pdf
Back in Mar they did a selective buyback (directors) @ 55c, anything less than this would be an insult to long term holders that have stuck by them.
substantial holder now at 90.3 %, page-14
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