I understand the sentiment and assume it is very widely shared, but the ATO is going to take a very large chunk out of your sack anyway.
If FFX did undertake such a plan the BoD would be refreshed and new management installed. Not that there's going to be a plan like that, I'd just rather it than lose the tax write offs equivalent to the total worth of the company now AND pay the ATO a huge chunk on top. I mean that's a massive haircut.
Anyways. looks like a haircut we'll be taking.
FFX Price at posting:
20.0¢ Sentiment: None Disclosure: Held