_ash_From yesterday's trade I am suggest that a lot of the...

_ash_

From yesterday's trade I am suggest that a lot of the buying came in from smart money as alot of peopel read the announcement as the wind up return will be between 3.5 - 4.0c instead of "the second return" which suggest that there will be more to come.

Lets keep it simple. Based on the number of shares a return of $15.8m to $18.0m doesnt truely reflect the total cash position. If you take the $26.9m take off $3.7m for the settled claims and say $1.5m for winding up and paying out the MD you stll have anywhere between $5.9m to $3.7m in cash (or 0.8 to 1.3cents per share) excluding the remaining tenaments and Cashmere!

What do they need the $3.7m to $5.9m for?

and this excludes interest earned over this time!