gees, is there a tax loss recovery of 10mil in it too ? well teddy, whadda you know.
in serious mood nic, no i did not know about tax losses here but surely possible. my assessment was clearly buying below nta (if remaining bond assett makes maturity) and the fact that no silly fool would attempt to buy big into a stock less than a month before it's due to be delisted.
listing value and clean shell here if bond asett gets shunted over to ine. aimho of course. dispose of encumbent directors, as did with ine and move lock stock and barrel back to the ine office to save costs. it seems sound enough to me but obviously i'm only calculating my ideas so far. picked up a small interest in ayt this am. not holding any stocks atm downunder apart from this. tried to buy into ine past month but always got headed.
remember rhg and what the guys did for shareholders there.
we certainly need such people to help the smaller shareholders, and themselves of course and why not !
be good,
40.
ps off for his morning coffee now.
INE Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
