holders need to keep in mind (especially long term holders) that how much tax loss ADO has made to date, which has been solely attributed to M&G development. I have no doubt GC and MB knew the figure by heart.
coincidentially, MB's latest radio show on Australian Day was talking about HOW TO NEGOCIATE .. and his view is: you dont drop off your pant until you have to ...
http://markbouris.com.au/the-mark-bouris-show-ep-36/
I decided to invest heavily in ADO for one reason and one reason only:
1. MB is stick with ADO this long even without much remuneration. and when he said ADO is in the pivot point, I believe he meant it and he believed in it.
under his chairmanship, ADO hasnt dropped off pants, the fact ADO hasnt taken much money from Phillips to date probably means much more reward on the table to grab ... I mean logically, if you knew you wouldnt have the deal, you better take whatever available now dont you ... on the contrary, the accounts receivable means Philips wants all costs to date to be wrapped in the deal... thats my ordinary thinking ...
if i have a mistress, I will either use, pay and dump, or make it permanent ... sorry guys, this analogy always comes up to my mind.
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