Ann: Chairman's Address to Shareholders, page-15

Legman, a "Spinoff" a very interesting point you make. Yes, the "sum of the parts, hopefully, being worth more than the whole. For information, below is an extract from Investopedia.

Investopedia - Spinoffs

With respect to NRZ, I don't think this thought was lost on the BOD. Below is an extract from a Neurizer presentation, courtesy of Pitt Street Research. Note how that how the proposed corporate structure might easily be converted into two or three completely separate companies.

A "strong possibility", maybe, but let's wait and see. Interesting times ahead, mate. You wouldn't be anywhere else, would you. J L.