Pay a 2 - 2.5 cents divvie to keep the long suffering shareholders happy. Use the balance of the funds to invest in some of the distressed assets out there. But keep away from iron ore - unless of course you are a contrarian and think that now is the time to pile back in. Still diversifying away from iron ore is probably a good thing.
CXU at the moment is one of their investments which looks promising. 40M shares and market value >$10M. Suspect that that will be the one to drive shareholder value for now.
Proof Market is Insane, page-15
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