" It all comes down to what can generate the best return to...

" It all comes down to what can generate the best return to holders. Everything hinges on whatever deal they have cooking that requires the loan to be extended. If they can't execute something exceptional, they need to start looking at capital management initiatives."

In the capital management scenario, do we realistically have any options ?

Unfranked divvy not acceptable for most ?

On-market buyback puts Molton over 50%

Off market buyback where shareholders sell their shares directly to the company, but whats the incentive for Molton ?

I think we might have gone full circle again and its back to hoping that a savvy corporate move can unlock some value in this thing.