Shareholder Update March 2025, page-70

  1. 10,206 Posts.
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    Or at least announce their plan. If it's to wind Leo up we are likely much better off using the accumulated tax losses and Capital account here to get our Leo cash back than getting the shares back then having the dividend taxed at 40%.

    Once Leo ann their plan, I'd wager the plan here will be ann soon after. If Leo are going to carry on, then we'll likely get the Leo shares back and then they'll wind up the rest. Interesting if they keep the shares to vote first then give them back I guess. Might depend upon what FFX Board think of the plan.
 
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