You said: "so he's in no hurry surely to get it re-instated", I...

You said: "so he's in no hurry surely to get it re-instated", I think he is, because if you look at the annual MMR report, and then the disclosures Breeze and other director's were forced to make, we can see that Breeze holds: a director's relevant interest of ~7,172,540 ordinary shares, a director's relevant interests in securities of which the director is not a registered holder of ~7,497,362 via Grandbridge, ~2,648,669 via Trandcorp, and ~6,227,238 via the Trandcorp superfund. So he has about ~23,545,809 shares of which he has interests in, not including additional options. 23.5million share holdings would likely put him in the top 5 shareholders of MMR. So we can assume he would want to get MMR sorted as soon as possible.

But .... Justadabble raised an interesting scenario here, he said: "David will put Advent's interests first and if MMR needs to react then they will." I believe this means he might have to forsake his MMR holdings to get Advent on the road for PEP-11... -see here: 54407050 and this is something I am still thinking about.

I guess the question is, would he? I don't know.