@mraj CHN were never going to deal on OKU. RSG are more likely the acquirer of OKU in the near term, post the mother load being discovered.
I take more comfort out of Blackrock coming on to the register for circa 10% and seemingly dealing further on market than CHN in for a spin.
It doesn't make sense that CHN are punting the company's balance sheet, however hey were probably looking for results early on & to be honest are lucky that Blackrock have shown interest and wanted to purchase their line of stock.
OKU Price at posting:
22.0¢ Sentiment: None Disclosure: Held