TS has previously stated he would not accept anything less than $1.20 per shr...so why would he dissolve CFE @ 50c ?
As long as $250m is earning int and held safe in NAB term dep,time will present best opportunities to aquire entities wth great assets but low csh.
The next $80mil MCC payment should also be int bearing IMO !
Buying back the Evraz stake @ an ave 5day price wld be a good start !
marampa latest, page-14
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