Yes, I think the report was written before the latest offer. It would have been good to clarify this with addendum or similar. I think the market in SRK is weak at the moment since some traders are unclear as to whether the sale is going ahead, but as the chairman says it is a win-win for Strike either way. I would prefer the sale to go ahead since that provides clarity to the market as to the value or SRK.
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My advice is free and worth every cent.
Ann: 2012 Annual Report , page-7
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