They need cash in other businesses they invest in. My guess as I...

They need cash in other businesses they invest in. My guess as I have said before is that YOW will lend it to other entity where real $ will be made. Why return it to shareholders that include minority when you can get 100% bang for your buck doing otherwise and also frustrating smaller holders in the process.

As for tax all they need is a business that is actually going to generate reasonable profit in reasonable time to take advantage of tax losses. From memory same in various other controlled entities in the stable so YOW isn't special.

It has taken them a long time to get control so you would think they had a plan and were able to implement it quickly. Just stripping costs may not do it but will make it look good short term.