Interesting that on page 24 they highlight tax losses in excess of $A100M. This suggests that they may be open to an offer from an entity that is looking for a lucrative back door listing to the ASX. Such an entity could conceivably generate up to $A300M profit tax free. Seems like a handy backstop if all else fails. I'm no accountant, so feel free to comment or correct my assumption.
I've just waded back in after bailing out before the arbitration decision.
Cheers, vango.
POH Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held