not a .com any more just a holding company for BMX catch.com is...

not a .com any more just a holding company for BMX catch.com is not burning their cash any more.
They will spend around 200K next year on admin and are looking at one day investing in a business but in the interum are happy keeping their assets tied up in BMX
BMX worth around 220 M and I think IMP have 5 to 6 % of BMX so IMP have around $11 M in BMX but only have a cap around 6 M and a debt of 1.5 M so looks like good arbitrage to me
I Spoke to Mcloud the MD this morning who said several people have called him wanting to know what the deal is with BMX.