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There are a number of issues that will make or break this stock:
1. sale of PAIX (bidding started end of last year and we should hear somthing about possible proceeds soon)
2. restructuring plan; sent t creditors committe late november I believe, so also on that we should hear somthing in the next weeks or so
3. possible further disposals. I would expect Muffin to sell additional non core assets to create cash flow. Do not have anything new on this though.

Patience is the key word and that is easy as selling is not an option against these prices.
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