Maybe someone with more expertise in this area than me can...

Maybe someone with more expertise in this area than me can comment, but I suspect he would not wind up the company too quickly given there maybe some benefits of prior tax losses to offset against earnings in the future?

So he could just use it as his own investment vehichle going forward? Or could he do a major capital return first, then later on hope another investment company can buy the shell and get something out of these tax losses?

Either way I am a happy shareholder at about 15.5 cent entry, still a screaming buy at 17 cents offered now IMHO but I probably have enough of a holding already for the time being.