Sir Ron could also be eyeing tax losses which could have some...

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    Sir Ron could also be eyeing tax losses which could have some value.

    MMX would need the continuity maintained (to be eligible with ATO) so Cashmere speculation or other iron ore play looks likely way forward to me after the buyback.

    Mercantile made a very cheap offer for AYT in a wind up recently so probably this bid also leaves some value.
 
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Currently unlisted public company.

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