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Possible conspiracy theory - if a company wants to buy Scir. 25% of Rovuma the price that the market is currently putting on Aex is very pertinent - could it be being held back on purpose in order to pick up their 25% at a bargain price? Just a possible explanation.
Also, MAYBE, the buyer is still adding to his stake. If that was the case he would not have to declare until he has finished buying. Dare I say it that possibly they made known to SS how many they wanted but would only do the deal if they got over 3% in a discounted placing first. Just a thought that could answer a few questions.
Maybe so Penguins but somehow I don't believe perceptions have any place in SS's mind. He is more interested (rightly so ) in the long term game plan. If the smaller holders had walked - great - that would have allowed ukog to gain their holdings for nothing even if it meant short term concerns about the viability of the weald.