SKE half yearly, page-43

This stock was crushed in the week leading up to the PRG merger offer in what appeared to be a coordinated move designed to align SKE's market capitalisation with PRG's. The PRG offer is still on the table. It's unlikely that the lid will come off until the offer is withdrawn. PRG have SKE in a bear hug.

However... in the meantime it makes it a great dividend play, and when the lid does come off there'll be good capital gains to be harvested.