Ann: Change in substantial holding-MGX.AX, page-7

Fin review today quotes Citi analyst who says Business Insurance payout could be more material than property issuance settlement. Can you imagine if that is even remotely true. Imagine we get 60-70m for that as well. the interest part about KI is the IO is high grade ( over 65% ) so this would demand a premium so its possible that they can argue that they would have still made a decent margin throughout the period. I wonder if business interruption not only includes forgone cash flow but also expenses incurred during that period as that could make settlement more material. A 60m payout would see cash at 500m

Also of interest was the Australian quotes a potential to return funds to shareholders and the fin review today