I will be interested to see if he lightens up the stake in INA after the huge run. A huge amount of turnover has been in that stock so it is possible he has raised cash there, but haven't seen any substantial share notices after the huge trading days from a sellers perspective.
If MVT was the big seller there well they would then have the firepower to bid for MMX in full. The MMX shareholders may well be tempted to accept a takeover bid from MVT around the 4.5 cent mark?
But if MVT is still sticking strongly with it's big position in INA then they wouldn't have the cash for that plan.
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only 38% of holders have sold into the offer, page-4
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