Yes, that is the way I interpret it myself. We have some cash left over even after allowing for the Contingent Liabilities and IMO this money should have been invested in some ways or form.
The problem we have got is that we really don't know what this new mob will be doing with MPO should they gain full control of it. I cannot recollect reading anything about what their real intentions are barring them telling us that they want to remove the Board.
Hence why I am asking the question.
In the meantime the market cap of MPO is only showing about half of our total cash at bank.