Yes, it's staggeringly bewildering!!
The issue of the new shares is subject to the clearance of funds with settlement expected next Wednesday. Funduk might try to pull out if the SP drops away.
A few years ago the then BoD became entangled with a UK mob that was going to fund the gold processing at Fortnum. However, that was iffy right from the start because of a due diligence condition if I recall correctly. We called it Fund X at the time as it had not been named; hence BBV's use of that description earlier on today. It turned out to be a fiasco, and I don't think that the then Board would mind if I said that it was well-and-truly conned. No money came in, but no money was lost either.
I wouldn't mind if this one fell off the cliff too.
Did Funduk dictate that money be spent on Cuba and Orient?
Yes, it's staggeringly bewildering!! The issue of the new shares...
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