MTC 0.00% 24.5¢ metalstech limited

So the spin off MTC will hold a 30% stake what happens to the...

  1. 37 Posts.
    So the spin off MTC will hold a 30% stake what happens to the cash raise by the sell off the the other 70% doe's MTC receive the cash then loan it to the spin-off vehicle or is 70% of the asset written off MTC's books.

    a 70% write down of a asset for no compensation is surely illegal
 
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