I don't see it. With corporate costs draining close to half a...

I don't see it. With corporate costs draining close to half a million dollars per year, and earnings from legacy business drying up fast, and no doubt contributing wind-up costs soon - the value in the group is contingent on what a larger player will be willing to pay for contacts business. Frankly, I don't see that a larger player will be in any hurry to cut a deal that's going to enrich REF.

I struggle to see why I would pay much more than 0.5 cents. But I may be missing something.