charms08 if a major comes and offers to buy the LC asset for...

charms08 if a major comes and offers to buy the LC asset for cash it would mean the company would recieve $x amount of cash which would be returned to share holders unless they had a better use for therefore you would recieve a one off return of capital/special dividend of $x per share and would still own shares in a company with other deposits. Which do have some value already.

Other situation is that they purchase the whole company with an offer for $x per share and you would get a cash offer from that company. Either way the offer would significantly increase the MNC share price and leave you with a a huge capital gain. return of capital the company would pay the CGT where as if it is a take over offer you would paid it.

Digger and Dealers I used a paragraph from his paid suscription that had nothing but facts that I could have ripped out of the company report. He has copy write over facts apparently think he'll lose my subscription!