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Hi Tukker. Notice the loan is with ANZ (which is better news than Merryl because ANZ said at least they are in no hurry to sell generally.....Merryl have done the big discounting to my knowledge and have already sold off the majority of their holdings).

I think George will spin off Cooljarloo and C/North as a separate company and work on the balance with Image as a s/holder in the new formed one. Then Cooljarloo/North will be available for all sorts of things.

Would also love to hear others' thoughts though.

I'm a little anxious about Wednesday, but at least it seems it is not the Directors where other company's have their Directors with the big margin loans etc

[QUOTE="grace, post: 277675, member: 12515"] Hi Tukker. Notice the loan is with ANZ (which is better news than Merryl because ANZ said at least they are in no hurry to sell generally.....Merryl have done the big discounting to my knowledge and have already sold off the majority of their holdings). I think George will spin off Cooljarloo and C/North as a separate company and work on the balance with Image as a s/holder in the new formed one. Then Cooljarloo/North will be available for all sorts of things. Would also love to hear others' thoughts though. I'm a little anxious about Wednesday, but at least it seems it is not the Directors where other company's have their Directors with the big margin loans etc [/QUOTE]

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