Investor Update, page-175

Speculations about an " unfriendly" market action makes a lot more sense, forcing company to accept terms which are in favour of the joining entity.

Even if that were the case, (and it's not necessarily so), responsibility needs to be taken for putting the company in this precarious negotiating position.

But no. There's a vocal section in HC who just want to forget the past and steam ahead. They will ignore anyone who thinks otherwise.

I'm not of that ilk because I'm unconvinced the problems with management have been fixed nor that outstanding issues about governance have been resolved.

We don't know conclusively that First Cape has never been involved in lending out ADO shares for shorting purposes.

There have been strong suggestions made in the past by authoritative posters that this may indeed have happened.

Surely if that's even possible, who is to say it cannot happen again?

That could explain any discrepancy in holdings.

You speak about logical thinking, yet deny such possibilities even exist or refuse to address them.

That's your prerogative but don't tell us we aren't making sense or thinking logically when asking pertinent questions.