Had a chance to see some of today's press around MK's departure now. Some interesting posts I agree.
I tend to agree with you Hip Hop about the ability of ER to leverage off MKs thinking.
Time will tell as to what happens with MON and whether we see MK reappear at TTY or IRL again. There's a part of me that says that they need one another: MK has an energy and drive and deal-making capability that is perhaps rare. TTY have the assets and the vehicle. I wouldn't be surprised to see that partnership re-unite at some point, though on vastly different terms. But that seems a long way away at the minute.
Looking forward to reading the PCM presentation. Thanks Hip Hop.
It's going to be an interesting few months for the stock now IMO. If Davo is right, then conceivably we might start to see TTY activity on the register soon. An alternate scenario is they might move to 19.9% and then sit back and wait for IRL to mature a little further. Divestment obviously unlikely in the short term given the SP re-trace since purchase.
BUSH
IRL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
