A partial asset sale would be a disaster. AMU always trades at a share price which reflects a discount to the net asset backing. The share price for the remainder would be less than the cash we could have back instead.
The running costs of such a business; business class flights back and forth, listing costs, office costs etc would be a high proportion of the remaining cash flow.
I expect the staff would want the gravy train to continue.
This parrot is dead, it is an ex parrot, it has cast off its mortal coil, dead as a dodo.
bacci
AMU Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held