Ann: REINSTATEMENT TO OFFICIAL QUOTATION 26/07/11, page-10

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    re: Ann: REINSTATEMENT TO OFFICIAL QUOTATION ... i dont know how you get a valuation of 68c or more.
    their holding in mnc is worth around 75c at todays price, but they have liabilities of 26c. ignoring the other assets which its too hard to place a value on you have 49c.
    surprise surprise, thats where its trading.
    to say its holding in mnc is too illiquid and therefore it should trade at a signifificant discount makes no sense.
 
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