accesing hawsons through a silver gate., page-60

Have I missed something or did CAP not have first rights of refusal over the BMG stake, to be purchased back at the costs BMG incurred to earn that stake? Has this changed?

I would suggest if this is the case, CAP may be the ones biding their time in order to execute a deal where they would re-aquire the BMG stake and subsequently do a deal with a third party for part of their now 100% interest in Hawsons. That would then beg the question- does CAP need to make that decision within a certain timeframe? Is the liquidator hamstrung indefinitely until CAP makes known their decision?