Yeah, I would have to agree Sir Ron would not necessarily want to hold a Cashmere stake that is volatile to commodity prices. He could have creamed CSE, but chose to exit as soon as someone could front up with the cash for his large stake. He seems to like certainty over possibility. I wonder if Cashmere would buy back the stake and cancel the shares - again subject to valuation process and Cashmere would have to use valuable cash. Anyway, whatever happens lets hope that 5c per share return - in some way or another - is achievable.
MMX Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held