mercantile's intentions ?, page-8

It appears that MVT has made claer that they wish to payout to occur as quickly as possible.

MVT Sir Ron wants the board to pay the cash out and not waste money to maximise the payout. They have not advised what they will do with the shell or with the Cashmere holdings.

In my view if I get above the $0.04/share thats great. If Cashmere then lists or back door lists through the MMX shell then the upside is definately their in MMX.

There is little that Sir Ron can do with MMX to benefit himself while there are other large shareholders & the cost for a full take over would marginalise the benefit to MVT.