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Nippy Nippy is offline
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Default Greyed-out Share Workbook button

I am trying to explore shareing a commonly used workbook with my staff, only
when i try to share it, the command is greyed out.
i am using 2003, i have looked at other workbooks i have created and they
also produce the same greyed-out condition.
Only empty workbooks give me the option to share the workbook.

Am i missing something obvious?