Looking good, page-7

Hmm.. That's not entirely true, for instance where the deed setting up an investment company/index fund requires it to have a certain weight of holdings, for instance.

However, I still agree with you.

In this case my best guess is that NTL is liquidating its assets in order to finalise some kind of debt or equity raising. NTL would not be able to determine how much money it needs to raise unless it had cash in hand, and any investor/creditor would not probably like the certainty of cash on hand rather than equity in another company.

NTL noted in its like activities report that it was over in China having discussions. Or maybe it's something to do with having to front up some cash for the JV with Newcrest.

That's the best speculation I make with the information available.