KBC keybridge capital limited

I have read the quarterly report twice now and find it a well...

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    I have read the quarterly report twice now and find it a well worded document, which must have taken a while to get the right slant on the current situation.
    As expected the Company were able to pay back the loan to reach the Debt Milestone and the realisation on the loan to the Queensland-based motor vehicle leasing Company seems to be getting closer.
    It seems that the Sale of the aircraft is on the cards and KBC is getting us ready for that, as they mentioned it a number of times in the report. Also that the NTA will be 25c due to the book loss of 10 - 12 % on the 3 aircraft.
    Whatever is received from the 4th aircraft will be a bonus as it is probably written off.
    That leaves approx $23m in other Assets.
    Question now is does the Company start giving some of the money back to the shareholders say by June or build up the Company again. My guess is they will start giving dividends/Capital return by June and wind up the Company over the following 2 years.
    Do you wait for 2 years to get your 25c per share or sell at these prices.
    It seems that some have taken their money now ( 1.5m sold) over the last couple of weeks including today and are not patient enough to wait the 2 years.
    Any thoughts or comments anyone?
 
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