Boz, I agree with your analysis. It is in the ball park at what I calculated, which is why I initially bought in. I have sold out as my low side exit trigger was breached. The market certainly does not appear to like the cross shareholdings and the perceived lack of independence being shown. While ever cash flow from Frances Creek is being used to "prop up" other companies, I suspect the share price will flounder. IF MK left, it depends who took over and what the strategy was.
Maybe the best thing to occur would be for OZL to take out TTY and do a clean up.
TTY Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
