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Ann: Termination of Employment of Executive, page-23

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    lightbulb Created with Sketch. 95
    Yes USD, I'm preconditioned to using $ for USD and A$ for AUD, sorry for the confusion.
    Don't get me wrong I think there is value here.
    On break up comes down to what could get rid of the SV for and that is very much dependant on lease arb. Not sure many buyers for that asset though which is why I think ends up back in the hands of Thai vendor.
    Would he be willing to cancel shares/ forgo management fees outstanding and pay $50-100m to buy it back and remove legal woes?
    Then you've got somewhere between A$0.20-0.30 value. Big delta on value of SV.
 
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