RE: UK Government8 Jun 2022 13:31
Tygra, they are no longer investors as they have since sold out completely, hence the TR1.
That subsequent sell off would suggest that they wanted out and saw the Sound offer a a fair one for their means. Lest we forget that they sold out quite a bit cheaper in their bid to free up funds for elsewhere.
This doesn't really mean they accepted or wanted Sound's offer but rather would have taken any offer that would allow them to get out. You could question why that was the case and what they tells us about Angs but it doesn't mean anyone wanted Sound to take over. Aleph and Forum have both signed up for the ride which suggests there is some future here, although there is a little scepticism, given recent events and slippages. I'm not blind to these but I'm also not buying the total doom and gloom from some either.
Cheers.