the.frackI suggest that Sir Ron is doing the selective buy back...

the.frack

I suggest that Sir Ron is doing the selective buy back to indirectly push up his control without spending any of his money.

He will then come back and say that MMX hasn't got the cash to stay listed and that people should get out if they dont want to hold an unlisted stock. This may put a rush to the door at a bargain for Sir Ron.

Notwithstanding, combine the buy back and then a potential delisting Sir Ron would be in the box seat to take MMX private and offer peanuts to take full ownership and then ride the potential upside that Cashmere can bring!

Its hard to say but after the buy back MMX wouldnt have the cash to cover the cost of keeping it listed. This is my concern that the board is quiet on this!