With all that cash in the bank, they can easily drag this out...

With all that cash in the bank, they can easily drag this out for a number of years - and looks like they already have.

My hunch is that they will RTO this with a massive project already generating revenue, brought in by the chairman's group - and without doubt they will be looked after as primary facilitators.

Given current number of shares on issue, there may be a consolidation involved with the RTO to boost the valuation of the new vend, so current punters be careful.

Again, just speculation but at current cash position, holders could be waiting for some time.