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SYNTARA LIMITED Major Shareholding Notification 2007

Sep 2, 2007

65830_rns_2007-09-02_989471fa-7bd4-4534-a216-b2c8c1f09769.pdf

Major Shareholding Notification

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Attention: Company Announcements
Company: ASX
From: Platypus Asset Management P/L
Fax No: 1900999279
Reference: Notice of initial substantial shareholder -
Pharmaxis Ltd (PXS)
Date: 3 September 2007
No ofPages: 4 Including header

Please find attached Form 603.

Gary Adamson, Chief Operating officer Platypus Asset Management

02 8270 8204

Platypus Asset Management Pty Ltd Suite 517, 15 Lime Street Sydney Australia NSW 2000 Phone 02 8270 8200 Fax 02 9262 5997 Email [email protected]

ACN 118016087 AFS Licence No 301294

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial shareholder

Тο Pharmaxis Ltd
ACN 082 811 630

1. Details of substantial shareholder

Name Platypus Asset Management
A C N 33118016087

2. Details of voting power

Class of securities. Number of securities.----------$-1$ ---------------------------------------Person's votes Voting power---- -
Ordinary shares 9.655.050 9.655.050._______________________________________ 5.42%
--- --------------------------------------- - - - - - - - -
_______________________________________ ---------

3. Details of relevant interests

Holder of relevant interest Nature of relevant interest$\cdots$ Class and number of securities.
Platypus Asset Management Investment management Ordinary 9.655.050

4. Details of present registered holders

Holder of relevant interest Registered holder of securities Person entitled to be a registered Class and number of
-------------- holder securities
n/a ---------------------------------------

5. Consideration

Holder of relevant interest Date of acquisition Consideration Class and number
Non cashlCash
See appendix $\cdots$ ------------ .
.
_______________________________________

6. Associates

Name and A C N / A R S N ---------Nature of association---------. .
-------
-----------

7. Addresses

_______________________________________Name----- .course some company's sentence and the state andddress_______________________________
Platypus Asset Management--------------------------------------- Suite 517, 15 Lime Street, Sydney, 2000, NSW

Signature

Name Gary Adamson Capacity coo
Sign $-1$ Date 3/09/2007

APPENDIX

Iranenation Date Entity Sacurity Buy/Sell Price Volume all the Mature and the
3/11/2004 PAM17/11/2004 PAM PXSPXS BuySell $0.7500$0,7658 2 782,100-173.600 $2,071,575.00$132,936.72
15/12/2004 PAM PXS Sell $0.7778 $-5,360$ $-$4,169.17$
23/12/2004 PAM PXS Èuy $0,7639 39,445 $30,130,07
4/01/2005 PAM PÄS Buy $0.7533 60,555 $45,613.88
13/01/2005 PAMPAM PXSPXS Sell $0,8033 -8,650 -$6,948,69
25/01/200515/02/2005 PAM PXS SallSell $0.8238$0.8756 -7,200$-24,700$ $- $5,931.18$$21,627.32
16/02/2005 PAM PXS Sell $0,9322 -50,000 $-546,612$25
23/02/2005 PAM PXS Sell $1.0780 $-51,060$ -$55,040.13
2/03/2005 PAM PXS Sell $1.1426 18,470 $-521, 103.75$
11/03/2005 PAM PXS Buy $1.2099 150,000 $181,485,00
17/03/2005 PAM21/03/2005 PAM PXSPXS Sell $1.2332 $-10,440$ $12,874.40
22/03/2005 PAM PXS SellSell $1,2397$1,1901 $-3,750$ $4,648.82
24/03/2005 PAM PXS $S$ ell $1.1603 $-7,170$$-2,130$ $-$8,533,02$-$2,471.54
29/03/2005 PAM PXS Sell $1.1504 $-5,390$ $6,200.82
4/04/2005 PAM PXS Sell $1.2552 $-5,970$ $7,493.43
5/04/2005 PAM PXS Sell $1.4907 -50,000 $74,534.97
15/04/2005 PAM PYS. Sell $1.3785 $-2,160$ $2,977,63
5/05/20056/05/2005 PAMPAM PXSPXS SellBuy $1.1864$1.2099 30,000 $-535,560.84$
16/05/2005 PAM PXS Sell $1.1587 3,500$-20,000$ $4,234.65$23,174.48
2/06/2005 PAM PXS Sell $1,1802 $-1,960$ $-$2,313,16$
3/06/2005 PAM PXS Buy $1,2030 9,340 $11,236.44
15/06/2005 PAM PXS Sell $1,3042 $-1,600$ $-82,086.64$
20/06/2005 PAM PXS Sell $1,4777 $-1,300$ $-31,921.02$
29/06/2005 PAM5/07/2005 PAM PXSPXS SellSell $1,6766$1.5701 $-373,870$ -$626,841.43$378,797.32
12/07/2005 PAM PXS Sell $1,5372 $-241,260$2,340 -$3,597.08
20/07/2005 PAM PXS Sell $1.6580 $-11,320$ -$18,768.46
22/07/2005 PAM PXS Sell $1.6761 12,730 -$21,336.21
1/09/2005 PAM PXS Sell $2.4484 572,784 $1,402,402.51
2/09/2005 PAM15/09/2005 PAM PXS Sell $2,3026 191.671 -$441,339,80
19/09/2005 PAM PXS$\overline{\text{PXS}}$ SellSell $2,1719$2.2612 $-440$-970 -$955.65$2,193,35
22/09/2005 PAM PXS Sell $2,3336 $-6,420$ -$14,981.93
29/09/2005 PAM PXS Sell $2.8946 $-1,150$ -$3,328.82
12/10/2005 PAM PXS Sell $2,8062 2,900 $-$8,138.05$
13/10/2005 PAM PXS Sell $2,7769 2,945 $-55, 177.96$
11/11/2005 PAMPAM PXSPXS Buy $2.2000$2.2438 382,640 $841,808.00
18/11/200522/11/2005 PAM PXS BuyBuy $2.2182 2,19075.000 54,913.84$166,361.25
25/11/2005 PAM PXS Buy $2.2585 2,100 $4,742.81
2/12/2005 PAM PXS Sell $2.1719 -930 -$2,019.89
5/12/2005 PAM ΡXS Buy $2.2081 565 $1,291.72
6/12/2005 PAM PXS Buy 52.1863 1,050 $2,295.59
9/12/2005 PAM PXS Sell $2,0529 -320 -$656.93
14/12/2005 PAM20/12/2005 PAM PXSPXS BuySell $1,9157$2.0856 685$-28,000$ $1,120.67-$58,395,85
21/12/2005 PAM PXS Sell $2,1301 $-52,750$ $112,386.30
22/12/2005 PAM PXS Sell $3,3441 $-1,000$ -$3,344.10
23/01/2006 PAM PXS Buy $1,9374 1,390 $2,692.93
25/01/2006 PAM PXS Sell $1.9736 $-730$ $-81,440.71$
30/01/2006 PAM16/02/2006 PAM PXSPXS BuySell $1,9590$2.1021 2,100 $4,113.95
17/02/2006 PAM PXS $S$ e $ $ $2.0370 $-2,385$$-2,600$ $- $5,013.55$-$5,296.09
23/02/2008 PAM PXS Buy $1.9963 6,400 $12,776.53
2/03/2006 PAM PXS Sall $1,9535 -165 -$324.00
13/03/2006 PAM PXS Sell $2.0430 $-260$ -$531.18
14/03/2006 PAM $\overline{P}$ XS Sell $2.0169 $-000$ $-1.795.06$
15/03/200623/03/2006 PAMPAM PXSPXS BuySell $2,0659 2,000 $4,133.83
24/03/2006 PAM PXS Sell $2.4152$2.4136 $-236,220$$-11,605$ -$570,511.14528,009,74
29/03/2006 PAM PXS Sall $2.4099 -350 $843,48
7/04/2006 PAM PXS Sail $2.3703 -260 -$616.27
19/04/2006 PAM PXS Bu, $2,4199 73,157 $177,032.70
21/04/2006 PAM PXS Seil $2.3009 $-57,900$ -$133,219.80
26/04/2006 PAM28/04/2006 PAM PXSPXS BuyBuy $2.4333$2.4534 146,083 $355,462.87
1/05/2006 PAM PXS Sell $2.3858 37,7801,650 $92,691.23$3,936.55
2/05/2006 PAM PXS Sell $2,4396 -12,950 -$31.592.90
3/05/2006 PAM PXS Buy $2,4297 41,710 $101,341.73
4/05/2008 PAM PXS Buy $2,4369 24,850 $60,556.12
8/05/2006 PAM PXS .Buy $2,4463 51,200 $125,251,30
10/05/2006 PAM12/05/2006 PAM PXSPXS BuySell $2.3706$2,3030 4.030$-675$ $9,553.50-S1,554,55
17/05/2006 PAM PXS Sall $2.1438 $-250$ -5535.95
23/05/2006 PAM PXS Buy $2.0188 3,890 $7,853.20
25/05/2006 PAM PXS Sell $1,9836 4,210 $8,350.83
14/06/2008 PAM PXS Buy $1.9370 18,874 $36,558,94
16/06/2006 PAM20/06/2006 PAM PXSPXS SellBuy $1,9736$1,9475 -2,850 -$5,624.71
21/06/2006 PAM PXS Buy $1.9404 46,00019,750 $89,587.19$38,323.78
26/06/2006 PAM PXS Buy $1.8496 19,130 $35,383.74
27/06/2008 PAM PXS Sell $1,8347 2,525 $-$4,632.71$
7/07/2006 PAM PXS Sall $2.0148 $-1,220$ $2,458.03
12/07/2006 PAM PXS Sell $1.9240 $-3,200$ -$6,156.78
13/07/2008 PAM19/07/2006 PAM PXS$\overline{\text{PXS}}$ Buy $1.9157 235 $450.19
24/07/2006 PAM PXS SellSell $1.7752$1,7851 -1,400-610 -$2,485.32-$1,088.94
25/07/2006 PAM PXS Sell $1.7455 $-2,920$ -$5,096.80
27/07/2006 PAM PXS Sell $1,7058 320 $545.66
15/08/2008 PAM PXS Sell $1,9042 $-1,205$ -$2,294.52
25/08/2006 PAM PXS Buy $2.1476 2,150 $4,617.29
28/08/2006 PAM6/09/2006 PAM PXSPXS SellSell $2.2017 -405 -$891.69
11/09/2006 PAM $\overline{\mathsf{P}}\mathsf{X}\mathsf{S}$ Buy $2.0331$2.0083 -445905 -$904.73$1,815.68
14/09/2006 PAM PXS Sell $1.9042 -730 $1,390.04
15/09/2008 PAM PXS Buy $1,9157 1,610 $3,084.23
21/09/2006 PAM PXS Sell $1,8347 -275 -$504.55

$\mathcal{L}^{\text{max}}_{\text{max}}$

$\sim 10^{-1}$

$\frac{1}{2} \frac{1}{2} \frac{1}{2}$

$\sim 100$ km s $^{-1}$

$\mathcal{A}^{\mathcal{A}}$

$\sim$

$\sim 10^6$

$3,019.31 1,610 $1,8753 Buy PXS 25/09/2006 PAM
$86,602.10 40.000 $2.1651 Euy PXS 28/09/2006 PAM
$4,871.74 2,065 $2.3592 Buy PXS 5/10/2006 PAM
$124,138.12 46,148 $2,6900 Buy PXS 20/10/2006 PAM
54,772.03 1,775 $2,6885 Buy PXS 23/10/2006 PAM
$30,566.16 11,448 $2,6700 Buy $\overline{\text{PXS}}$ 24/10/2006 PAM
$5,337,678.79 1,934,590 $2,7591 Buy PXS 1/11/2006 PAM
$8,386.27 $-2,510$ $3,3411 Sell PXS 13/11/2006 PAM
$159,339.89 51.420 $3,0988 Buy PXS PAM
-$5.089.00 $-1,655$ $3.0749 Sall PXS PAM 20/11/2006
$-1,134.00$ $-375$ 1/12/2006
$3,659.95 1,210 $3.0240 Sell PXS PAM 13/12/2006
$1.580.70 $3,0248 Buy PXS PAM 29/12/2006
$-540$ $2.9272 Sall PXS PAM 11/01/2007
$2,260,93 755 $2,9946 .Buy $\overline{P}$ XS 17/01/2007 PAM
-$3,530.93 1.180 $2,9923 Sall PXS 24/01/2007 PAM
-$870.67 $-265$ $3,2952 Sell PXS 29/01/2007 PAM
$-55,867,93$ -1,715 $3,4215 Sall PXS 30/01/2007 PAM
$1157,410.08 338,424 $3,4200 Buy PXS 5/02/2007 PAM
$447,979.84 127,267 $3,5200 Buy $\overline{\mathsf{P}}\mathsf{X}\mathsf{S}$ PAM 15/02/2007
-$2.211.11 -650 $3.4017 Sell PXS PAM 20/02/2007
$3,768.08 ,1851 $3,1798 Buy PXS PAM 28/02/2007
$2,042.36 635 $3.2163 Buy PXS PAM 7/03/2007
$1,984.74 635 $3,1256 Buy PXS PAM 8/03/2007
$4,030.94 1.270 $3,1740 Buy PXS 9/03/2007 PAM
$135,295.61 41,330 $3.2978 Buy PXS 16/03/2007 PAM
$3,072,098.53 906,106 53,3914 Buy PXS 20/03/2007 PAM
$305,449.10 89,369 $3.4178 Buy PXS 21/03/2007 PAM
$132,697.07 40,012 $3.3164 Buy PXS 26/03/2007 PAM
$15,986.23 4,800 $3,3263 Buy PXS 27/03/2007 PAM
-$4,836.50 $-1.505$ $3,2136 .Sell $\overline{P}$ XS 2/04/2007 PAM
$150,291.39 44.782 $3.3561 Buy PXS 5/04/2007 PAM
$34.652.11 10.540 $3,3067 Buy PXS PAM 12/04/2007
$18,974.26 5,535 $3.4281 Buy PXS PAM 13/04/2007
$-53,674,73$ $-1,035$ $3,5505 Sell PXS PAM 19/04/2007
$93.737.35 25,524 $\overline{P}$ XS
$642.907.27 185.737 $3.5341$3,4614 Buy PXS PAM 20/04/2007
$3,204,694.21 949,030 $3,3768 .Buy PX5 23/04/2007 PAM
$-655$ $3,4887 Buy 24/04/2007 PAM
$-52,285.08$ Sall PXS 26/04/2007 PAM
$23,435.16-$2,387,44 6,660$-710$ $3.5188 Buy Pxs 30/04/2007 PAM
$3,3626 Sell PXS 3/05/2007 PAM
-$1,087.16 -315 53.4513 Sell PXS 4/05/2007 PAM
$-$1,065.13$$-57.259.32$ -300 $3,5504 Sell PXS 7/05/2007 PAM
$-$4,467.33$ -2,190 $3.3148 Sell PXSPxs 21/05/2007 PAM
$-5806.41$ -1,365$-250$ $3,2728$3.2256 Sel PXS 23/05/2007 PAM
$107,728.95 Sell 28/05/2007 PAM
-$2,806.06 31,269-860 $3,4452$3.2629 Buv PXS 30/05/2007 PAM
Sell PXS 15/06/2007 PAM
$172,839.40$172,457.21 62,178 $3.3125 Buy PXS 18/06/2007 PAM
$264.041.20 52,178 $3.3052 Buy PXS 19/08/2007 PAM
81,136 $3.2543 Buy PXS 22/06/2007 PAM
-$1,050,68 -335 $3,1363 Sell PXS 26/06/2007 PAM
-$1,333.20 -420 $3.1743 Sell PXS 27/06/2007 PAM
$-$7,726.73$ $-2.450$ $3,1538 Sell PXS PAM 2/07/2007
$-$1,624.48$ -525 $3.0942 Sall PXS PAM 4/07/2007
$6,752.85 2,080 $3.2466 Buy PXS 5/07/2007 PAM
$377,604.55 118,353 $3.1905 Buy PXS 12/07/2007 PAM
$351,867.78 109.597 $3,2106 Buy PXS 16/07/2007 PAM
$223,104.30 65,013 $3.4317 Buy $\overline{\text{PXS}}$ 18/07/2007 PAM
$619,286,89 176,166 $3.6354 Buy PXS 19/07/2007 PAM
$- $1,074.27$ -305 $3.5222 Sell PXS 20/07/2007 PAM
$833.42 $-245$ $3,4017 Sell PXS 23/07/2007 PAM
$132,877.83 38.823 $3,4227 Buy PXS 26/07/2007 PAM
$5,215.63 1,535 $3.3978 Buv PXS 1/08/2007 PAM
$385,771.88 116,143 $3,3216 Buy PXS 3/08/2007 PAM
$1,892,538.95 564,937 $3.3500 Buy PXS PAM 8/08/2007
$150,047.77 42,645 $3.5185 Buy PXS 10/08/2007 PAM
$105,105.02 30.162 $3.6179 Buy PXS 13/08/2007 PAM
$138,422.23 39,580 $3,4973 Buy PXS 14/08/2007 PAM
$199,085.03 57,848 $3,4415 Buy PXS 15/08/2007 PAM
$-59,880.79$ $-3,075$ $3,2133 Sell PXS 21/08/2007 PAM
4,415 $3.3224 Sell PXS 22/08/2007 PAM
$14,668.23 $3.3875 Sell PXS 27/08/2007 PAM
$26,994.83 $-7,969$
-$1,592.16 $-460$ 53,4612 Sell PXS
$2,255,159.87 681,669 $3,8771 Buy PXS 28/08/2007 PAM
$3,736,282.19 954,870 $3,9129 Buy 29/08/2007 PAM30/08/2007 PAM
$186,990.13 47,571 $3.9308 Buy PXSPXS 31/08/2007 PAM

PAM - Platypus Asset Management

$\mathcal{L}^{\text{max}}{\text{max}}$ and $\mathcal{L}^{\text{max}}{\text{max}}$

$\label{eq:2.1} \frac{1}{\sqrt{2}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2.$