Dro,
Well done, Director of ASI also appears as Director of Silvergate, very interesting.
Logic would suggest that ASI have learnt their lesson from their investment in BMG and now want to obtain Hawsons via the most direct route, which is buying shares in CAP.
Conglin Yue has representation on the CAP board and Silvergate now surpass Mr Yue as CAPs largest shareholder, I wonder if they will seek a seat on the Board as well?
It would aslo be interesting to know if Silvergate is also talking with the liquidator of BMG.
From memory, ASI spent $15+ million investing in BMG (plus legals) and now Silvergate own 15 million shares in CAP, worth approx $6 million. Hence, they have spent over $20 million to date in companies that own / control Hawsons.
Either way, ASI / Silvergates owner / Director's certainly want Hawsons.
No low ball takeover offers please.
8.3 million off market atlas sells, page-8
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