Investor Update, page-171

The anticipation of market for those news has been dampened by ongoing price control since early this year, IMO.

Assumptions in the broker report also include a 5.9% stake of First Cape in the company, which they simply do not have as this point in time.
Why take some assumptions as fact, whereas apply the luxury to verify others as speculation?
Not logical.


Yes, the anticipation for price increases did not eventuate, for above mentioned reasons.
Manipulated share price does facilitate an entry for an entity, IMO, which has entirely changed market reactions to this situation.
Hence my assumption of a catch up scenario for market once news are out, entity is in.

If this much discussed CR would indeed be on its way, those highly positive anns this year and the next wave of anns expected shortly would surely have been utilized to raise the MC of the company.
The opposite unfolded.

Speculations about an " unfriendly" market action makes a lot more sense, forcing company to accept terms which
are in favour of the joining entity.
This has nothing to do with a public CR but all to do with serious interest from partners, IMO.