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30/10/08
13:51
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Phil wrote a post on Top stocks on 5th Sept.
Following is an extract that may provide a clue to the asset sale......
" If Admiralty owned 100% of MSB, it could sell part of the stake to a steel mill to raise working capital. This option can also be done now"
BE DONE NOW !!!!!!!!
Maybe sell x% now and the balance in Feb after Leonardo caves in?
Leonardo could also negotiate direct with let's say Wisco and buy his 40%.
Many options available if iron ore is the preferred asset to be sold.
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