Ann: Announcement of Equal Access Buy-Back , page-15

If Sir Ron had a use for the MMX shell for another opportunity there would be a point where he would have to come clean to shareholders.

My view is that Sir Ron is making it easy for some shareholders to get out now for between $0.04 and $0.042. this will help reduce the number of shares and potentially make it easier for Sir Ron to take MMX private. this will then hide the real value of Cashmere.

MMX will need to keep enough cash to generate earnings to be able to pay the ongoing costs of being listed. This may be the arguement that will come for a privatisation of MMX at a later stage.

Notwithstanding, if Sir Ron is holding onto his MMX shares I suspect he sees value in it that is greater than taking the cash and investing it elsewhere in one of his other many ventures!

I for one and staying on the MMX register until I have a better understanding of whats going on!