Just to add, looking at the charts for 13th August, the SP shot from around 0.24 to over 0.40 very quickly on that RNS news. So when the actual tax loss is released,...... well dare I say ... boom ! Well certainly a very handsome rise in SP.
The MGA money will come when it comes, but it's frustrating for all of us that it's taking so long but it appears you can't hurry the administrators. They're dotting the i's crossing the t's etc. Of course MGA could be released tomorrow, next week or in May, we don't know when but that's good enough for me.
I would select the line from the 1st paragraph:
"Once MGA has been released from administration, it is expected that MGA will seek and acquire, if possible, a suitable late stage development opportunity or profitable producing asset in Australia so as to take advantage of these tax losses."
As an investor, that's key to me. I'm not expecting the tax losses to be available for Themac etc, I don't think any of us are. To be used in Australia I believe.
Using the terms "may" and "should" is clearly pointing us in the direction of what the BoD are aiming to achieve, and personally I don't see why they won't. I'm sure there's things they can't tell us yet that are going on in the background and this last RNS gives me confidence that something good is coming. Not sure what will be 1st though.
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