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Hi, Forgive my naivety but can somebody explain the material difference between the sale of “substantially all of the company’s assets” and the actual full sale? The RNS talks about selling all of the company assets but then goes on to talk about the continued operations with Rosgeo and in the Urals - are these separate to the asset sale? Thanks and forgive my daft question!
It seems like a pointless exercise to hand a special dividend of 51p p/s to shareholders only to essentially take it back in the consolidation. I get that the dividend without the consolidation would impact the share price but this special dividend is a farce. Any other thoughts?