Ann: Murchison Shareholder Update , page-13

Thats why I believe this is an interesting play.

Options are;

1. Sir Ron buys Cashmere from MMX for cash & winds up MMX sending funds back to shareholders at +$0.05/share
2. MMX is wound up and a distribution of cash (+$0.04/share) and Cashmere shares are issued. (Messy not attractive)
3. Sir Ron gets Cashmere to backdoor list into MMX shell. (really interesting Play)
4. Cash is returned and MMX (+$0.04/share) stay listed until Cashmere IPO (Once again not attractive as IPO market all over the place so timing will be an issue)
5. Sir Ron makes a takeover for MMX at say +$0.048/share

The only thing I can see is that at $0.041 there is still value in MMX.

Also worth noting MVT is not interested in the long slogg, they want to turn a profit and return cash quickly to move onto the next opportunity.